Apollo Investment Corporation Schedules Quarterly Earnings Release for the Period Ended December 31, 2007
           

NEW YORK, NY--(Marketwire - January 14, 2008) -  Apollo Investment Corporation  (NASDAQ: AINV)
announced today that it will report its third fiscal quarter 2008 earnings
results for the period ended December 31, 2007 on Tuesday, February 5, 2008
after the close of the financial markets.

The Company will also host a conference call at 10:00 a.m. (Eastern Time)
on Wednesday, February 6, 2008 to discuss its quarterly results. All
interested parties are welcome to participate.  You can access the
conference call by dialing (888) 802-8579 approximately 5-10 minutes prior
to the call.  International callers should dial (973) 633-6740.  All
callers should reference Apollo Investment Corporation or "conference ID
#30897398."  An archived replay of the call will be available through
February 20, 2008 by calling (800) 642-1687. International callers please
dial (706) 645-9291.  For all replays, please reference conference ID
           

http://www.marketwire.com/mw/release.do?id=810184&sourceType=3