Gladstone Investment 2009 Dividend Tax Information
| Ex-Dividend Date | Record Date | Announce Date | Pay Date | Amount | Frequency | Dividends Paid |
| 3/19/2010 | 3/23/2010 | 1/12/2010 | 3/31/2010 | 0.04 | Monthly | 883,205.32 |
| 2/16/2010 | 2/18/2010 | 1/12/2010 | 2/26/2010 | 0.04 | Monthly | 883,205.32 |
| 1/19/2010 | 1/21/2010 | 1/12/2010 | 1/29/2010 | 0.04 | Monthly | 883,205.32 |
| 12/18/2009 | 12/22/2009 | 10/6/2009 | 12/31/2009 | 0.04 | Monthly | 883,205.32 |
| 11/17/2009 | 11/19/2009 | 10/6/2009 | 11/30/2009 | 0.04 | Monthly | 883,205.32 |
| 10/20/2009 | 10/22/2009 | 10/6/2009 | 10/30/2009 | 0.04 | Monthly | 883,205.32 |
| 9/18/2009 | 9/22/2009 | 7/8/2009 | 9/30/2009 | 0.04 | Monthly | 883,205.32 |
| 8/19/2009 | 8/21/2009 | 7/8/2009 | 8/31/2009 | 0.04 | Monthly | 883,205.32 |
| 7/21/2009 | 7/23/2009 | 7/8/2009 | 7/31/2009 | 0.04 | Monthly | 883,205.32 |
| 6/18/2009 | 6/22/2009 | 4/16/2009 | 6/30/2009 | 0.0400 | Monthly | 883,205.32 |
| 5/18/2009 | 5/20/2009 | 4/16/2009 | 5/29/2009 | 0.0400 | Monthly | 883,205.32 |
| 4/23/2009 | 4/27/2009 | 4/16/2009 | 5/8/2009 | 0.0400 | Monthly | 883,205.32 |
| 3/19/2009 | 3/23/2009 | 1/13/2009 | 3/31/2009 | 0.0800 | Monthly | 1,766,410.64 |
| 2/17/2009 | 2/19/2009 | 1/13/2009 | 2/27/2009 | 0.0800 | Monthly | 1,766,410.64 |
| 1/20/2009 | 1/22/2009 | 1/13/2009 | 1/30/2009 | 0.0800 | Monthly | 1,766,410.64 |
| 12/18/2008 | 12/22/2008 | 10/7/2008 | 12/31/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 11/17/2008 | 11/19/2008 | 10/7/2008 | 11/28/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 10/21/2008 | 10/23/2008 | 10/7/2008 | 10/31/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 9/18/2008 | 9/22/2008 | 7/9/2008 | 9/30/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 8/19/2008 | 8/21/2008 | 7/9/2008 | 8/29/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 7/21/2008 | 7/23/2008 | 7/9/2008 | 7/31/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 6/18/2008 | 6/20/2008 | 4/8/2008 | 6/30/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 5/19/2008 | 5/21/2008 | 4/8/2008 | 5/30/2008 | 0.0800 | Monthly | 1,766,410.64 |
| 4/18/2008 | 4/22/2008 | 4/8/2008 | 4/30/2008 | 0.0800 | Monthly | 1,324,808.00 |
| 3/18/2008 | 3/21/2008 | 1/8/2008 | 3/31/2008 | 0.0800 | Monthly | 1,324,808.00 |
| 2/19/2008 | 2/21/2008 | 1/8/2008 | 2/29/2008 | 0.0800 | Monthly | 1,324,808.00 |
| 1/18/2008 | 1/23/2008 | 1/8/2008 | 1/31/2008 | 0.0800 | Monthly | 1,324,808.00 |
| 12/18/2007 | 12/20/2007 | 10/9/2007 | 12/31/2007 | 0.0800 | Monthly | 1,324,808.00 |
| 11/19/2007 | 11/21/2007 | 10/9/2007 | 11/30/2007 | 0.0800 | Monthly | 1,324,808.00 |
| 10/19/2007 | 10/23/2007 | 10/9/2007 | 10/31/2007 | 0.0800 | Monthly | 1,324,808.00 |
| 9/18/2007 | 9/20/2007 | 7/10/2007 | 9/28/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 8/21/2007 | 8/23/2007 | 7/10/2007 | 8/31/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 7/19/2007 | 7/23/2007 | 7/10/2007 | 7/31/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 6/19/2007 | 6/21/2007 | 4/11/2007 | 6/29/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 5/18/2007 | 5/22/2007 | 4/11/2007 | 5/31/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 4/18/2007 | 4/20/2007 | 4/11/2007 | 4/30/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 3/20/2007 | 3/22/2007 | 1/9/2007 | 3/30/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 2/15/2007 | 2/20/2007 | 1/9/2007 | 2/28/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 1/19/2007 | 1/23/2007 | 1/9/2007 | 1/31/2007 | 0.0750 | Monthly | 1,242,007.50 |
| 12/18/2006 | 12/20/2006 | 10/10/2006 | 12/29/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 11/17/2006 | 11/21/2006 | 10/10/2006 | 11/30/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 10/19/2006 | 10/23/2006 | 10/10/2006 | 10/31/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 9/19/2006 | 9/21/2006 | 7/11/2006 | 9/29/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 8/21/2006 | 8/23/2006 | 7/11/2006 | 8/31/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 7/19/2006 | 7/21/2006 | 7/11/2006 | 7/31/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 6/20/2006 | 6/22/2006 | 4/11/2006 | 6/30/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 5/18/2006 | 5/22/2006 | 4/11/2006 | 5/31/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 4/18/2006 | 4/20/2006 | 4/11/2006 | 4/28/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 3/21/2006 | 3/23/2006 | 1/10/2006 | 3/31/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 2/15/2006 | 2/20/2006 | 1/10/2006 | 2/28/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 1/17/2006 | 1/19/2006 | 1/10/2006 | 1/31/2006 | 0.0700 | Monthly | 1,159,207.00 |
| 12/19/2005 | 12/21/2005 | 10/7/2005 | 12/30/2005 | 0.0400 | Monthly | 662,404.00 |
| 11/17/2005 | 11/21/2005 | 10/7/2005 | 11/30/2005 | 0.0400 | Monthly | 662,404.00 |
| 10/19/2005 | 10/21/2005 | 10/7/2005 | 10/31/2005 | 0.0400 | Monthly | 662,404.00 |
| 9/20/2005 | 9/22/2005 | 7/7/2005 | 9/30/2005 | 0.0200 | Monthly | 331,202.00 |
| 8/19/2005 | 8/23/2005 | 7/7/2005 | 8/31/2005 | 0.0200 | Monthly | 331,202.00 |
| 7/19/2005 | 7/21/2005 | 7/7/2005 | 7/29/2005 | 0.0200 | Monthly | 331,202.00 |
| Total Dividends Since Inception | 60,306,363.82 | |||||