CapitalSource Share Repurchase Authority Increased by $200 Million

CapitalSource Inc. (NYSE: CSE) today announced that a majority of the holders of its outstanding 12.75% First Priority Senior Secured Notes due 2014 have tendered their Notes and delivered their consent to proposed Amendments pursuant to a Tender Offer and Consent Solicitation launched on August 31, 2011. As a result, a supplemental indenture has been executed which eliminates substantially all of the restrictive covenants and certain events of default which were previously contained in the indenture governing the Notes.