PennantPark Floating Rate Capital Ltd. Announces an Increase in Its Monthly Distribution to $0.0825 per Share

PennantPark Floating Rate Capital

declares an increase in its monthly distribution as indicated below. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distributions will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission. ---------------------------------------------------------------------------- Distribution Per Declaration Date Record Date Payment Date Share ---------------------------------------------------------------------------- October 1, 2012 October 19, 2012 November 1, 2012 $0.0825 ---------------------------------------------------------------------------- October 1, 2012 November 20, 2012 December 3, 2012 $0.0825 ---------------------------------------------------------------------------- October 1, 2012 December 21, 2012 January 2, 2013 $0.0825 ----------------------------------------------------------------------------