2013-01-08 22:02:36 -

NEW YORK, NY (January 8, 2013) - Medley Capital Corporation (NYSE: MCC) (the
"Company"), today announced that it will release its financial results for the
quarter ended December 31, 2012 on Wednesday, February 6, 2013, after the close
of the financial markets.

The Company will host an earnings conference call and audio webcast at 10:00
a.m. (Eastern Time) on Thursday, February 7, 2013.

All interested parties may participate in the conference call by dialing (866)
831-6243 approximately 5-10 minutes prior to the call, international callers
should dial (617) 213-8855. Participants should reference Medley Capital
Corporation and the participant passcode of 58260481 when prompted. Following
the call you may access a replay of the event via audio webcast. This conference
call will be broadcast live over the Internet and can be accessed   by all
interested parties through the Company's website,
 www.medleycapitalcorp.com. To listen to the live call, please go to the
Company's website at least 15 minutes prior to the start of the call to register
and download any necessary audio software. For those who are not able to listen
to the live broadcast, a replay will be available shortly after the call on the
Company's website.

ABOUT MEDLEY CAPITAL CORPORATION

The Company is an externally-managed, non-diversified closed-end management
investment company that has filed an election to be treated as a business
development company under the Investment Company Act of 1940, as amended. The
Company's investment objective is to generate both current income and capital
appreciation, primarily through investments in privately negotiated debt and
equity securities of middle market companies. The Company is a direct lender
targeting private debt transactions ranging in size from $10 to $50 million to
borrowers principally located in North America. The Company's investment
activities are managed by its investment adviser, MCC Advisors LLC, which is an
investment adviser registered under the Investment Advisers Act of 1940, as
amended.

ABOUT MCC ADVISORS LLC

MCC Advisors LLC, an affiliate of Medley LLC ("Medley"), is a registered
investment adviser under the Investment Advisers Act of 1940, as amended. Medley
specializes in credit investing, including direct private lending and corporate
credit related strategies and provides first lien, second lien and unitranche
term loans to lower middle-market and middle-market companies with an investment
size between $7-50 million. Medley will support acquisition and growth
financings, leveraged buyouts, management buyouts, bank debt restructurings,
CAPEX, Chapter 11 exit financing and DIP financing. Medley is headquartered in
New York with offices in San Francisco.

SOURCE: Medley Capital Corporation

Richard Allorto, 212-759-0777




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Source: Medley Capital Corporation via Thomson Reuters ONE
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