Capital Southwest Corporation Announces New Vice President

DALLAS, Oct. 28, 2009 (GLOBE NEWSWIRE) -- Capital Southwest Corporation
(Nasdaq:CSWC) has announced today that Raymond D. Schwertner will join the
Company as Vice President effective December 1, 2009. Mr. Schwertner joins
Capital Southwest after having served in a variety of increasing
responsibilities at The Whitmore Manufacturing Company over the past 19 years,
serving most recently as its President and Chief Executive Officer. Whitmore is
a wholly-owned portfolio company of Capital Southwest. Capital Southwest also
announced that Jeffrey G. Peterson will join Whitmore as its President and Chief
Executive Officer effective November 30, 2009. Mr. Peterson will remain a Vice
President of Capital Southwest Corporation and continue to serve as a director
of several of the Company's core holdings. Gary Martin, Chairman and CEO of
Capital Southwest Corporation, said, "I am excited to be reunited with Ray at
Capital Southwest. His breadth of experience will enhance the operational
opportunities at Capital Southwest immensely. Jeff has progressed rapidly within
Capital Southwest and will provide tremendous oversight to a key investment of
our firm. Additionally, this experience should be a foundational building block
that will serve our shareholders well for many years."

About Capital Southwest Corporation

Capital Southwest is a Dallas-based business development company that provides
patient equity capital to exceptional businesses. As a public company, Capital
Southwest has the flexibility to hold investments indefinitely, which has
provided its portfolio company managers a stable ownership platform since its
founding in 1961. For more information about Capital Southwest, visit the
company's website at www.capitalsouthwest.com.

Forward Looking Statements

This press release may contain historical information and forward-looking
statements within the meaning of The Private Securities Litigation Reform Act of
1995 with respect to the business, financial condition and results of operations
of the Company. The words "believe," "expect," "intend," "plan," "should" and
similar expressions are intended to identify forward-looking statements. Such
statements reflect the current views, assumptions and expectations of the
Company with respect to future events and are subject to risks and
uncertainties. Many factors could cause the actual results, performance or
achievements of the Company to be materially different from any future results,
performance or achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the markets in
which the Company operates and in general economic and business conditions,
competitive pressures, changes in business strategy and various other factors,
both referenced and not referenced in this press release. Various risks and
uncertainties may affect the Company and its results of operations, as described
in reports filed by the Company with the Securities and Exchange Commission from
time to time. The Company does not assume any obligation to update these
forward-looking statements.

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CONTACT: Capital Southwest Corporation
Gary L. Martin
Tracy L. Morris
972-233-8242