Stellus Capital Receives 'Green Light' Letter from SBA

Stellus Capital Investment Corporation (“Stellus” or the “Company”)

is pleased to announce that the U.S. Small Business Administration ("SBA") has issued a "green light" letter inviting the Company to continue its application process to obtain a license to form and operate a Small Business Investment Company ("SBIC") subsidiary. If approved, the license would permit Stellus to issue SBA-guaranteed debentures. However, receipt of a green light letter from the SBA does not assure an applicant that the SBA will ultimately issue an SBIC license and the Company has received no assurance or indication from the SBA that it will receive an SBIC license, or of the timeframe in which it would receive a license, should one ultimately be granted.