Apollo Investment Corporation Schedules Quarterly Earnings Release for the Period Ended September 30, 2008
           

<p>NEW YORK, NY--(Marketwire - October 8, 2008) -  Apollo Investment Corporation  (<exchange name="NASDAQ">NASDAQ</exchange>: <ticker name="AINV">AINV</ticker>)
announced today that it will report its second fiscal quarter 2009 earnings
results for the period ended September 30, 2008 on Wednesday, November 5,
2008 after the close of the financial markets.
<p>
The company will host a conference call and audio webcast at 11:00 a.m.
(Eastern Time) on Thursday, November 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.  Following the call
you may access either an archived replay or audio webcast of the call.  An
archived replay will be available through November 20, 2008 by calling
(800) 642-1687.  International caller
           

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