Capital Southwest Corporation Announces 12/31/10 Net Asset Value

DALLAS, Jan. 27, 2011 (GLOBE NEWSWIRE) -- Capital Southwest Corporation
(Nasdaq:CSWC) today reported total net assets at December 31, 2010 of
$513,863,215 equivalent to $136.92 per share. Comparative annual data is
summarized below:

December 31, March 31, December 31,
2010 2010 2009
------------ ------------ ------------

Net assets $513,863,215 $486,925,586 $456,445,923

Shares outstanding 3,753,038 3,741,638 3,741,638

Net assets per share $136.92 $130.14 $121.99

Assuming reinvestment of all dividends and tax credits on retained long-term
capital gains, the December 31, 2010 net asset value was 6.1% above the March
31, 2010 net asset value of $130.14 per share and 13.2% above the December 31,
2009 net asset value of $121.99 per share.

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.

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. Certain factors that
may affect the Company and its results of operations, are included in the "Risk
Factors" section of the Company's Annual Report on Form 10-K for the fiscal year
ended March 31, 2010 and the Company's subsequent periodic filings with the
Securities and Exchange Commission. The Company does not assume any obligation
to update these forward-looking statements. This release may also contain
non-GAAP financial measures. These measures are included to facilitate
meaningful comparisons of our results to those in prior periods and future
periods and to allow a better evaluation of our operating performance, in
management's opinion. Our reference to any non-GAAP measures should not be
considered as a substitute for results that are presented in a manner consistent
with GAAP. These non-GAAP measures are provided only to enhance investors
overall understanding of our financial performance.

CONTACT: Gary L. Martin or Tracy L. Morris
972-233-8242