On Tuesday, July 15, 2008, Gladstone Investment
Corporation (the Company) mailed a letter to certain shareholders of record
as of June 13, 2008 (Record Date Shareholders) in connection with its
2008 Annual Meeting, urging Record Date Shareholders to cast their votes on the
proposals described in the Companys Definitive Proxy Statement, which was
filed on June 20, 2008. The text of
the letter is attached below.
Dear
Fellow Shareholder:
We
are writing to remind you that the Annual Meeting of Shareholders of Gladstone
Investment Corporation (the Company) is scheduled for Thursday, August 7,
2008 at 11:00 a.m., local time, at the Hilton McLean Tysons Corner at
7920 Jones Branch Drive, McLean, Virginia 22102.
Our
records indicate that as of June 13, 2008 the (Record Date for the
Meeting), you held shares of Gladstone Investment Corporation and, therefore,
you are entitled to vote on the matters set forth on the proxy card. Our records indicate that we have not yet
received your vote.
REMEMBER: Your vote is
important, no matter how large or small your holdings may be. Please take a moment to vote your shares.
Voting
promptly will help reduce solicitation costs and will eliminate your receiving
follow-up phone calls or mailings. Your
vote can be cast quickly and easily by signing, dating and mailing in the proxy
card accompanying your Proxy Statement; voting on the internet at
www.proxyvote.com using the proxy control number printed on your proxy card; or
by calling the Companys proxy solicitor, Georgeson Inc., (Georgeson) at
(866) 391-7007 to vote by phone, or to receive instructions on voting by phone.
Please note that voting by phone or internet may require that you have your
proxy control number available. This number is printed on the proxy card
accompanying the Proxy Statement. Stockholders with questions on how to vote
are strongly encouraged to contact Georgeson at the number above, or the
Company at 1-866-366-5745.
Stockholders
also may vote by attending the Annual Meeting in person on August 7, 2008
at 11:00am at the Hilton McLean Tysons Corner in McLean, VA. If you are unable
to attend, please vote your shares of stock using one of the methods described
above.
In
particular, the Board of Directors encourages you to vote your shares in favor
of all of the proposals described in the proxy statement and set forth on the
proxy card. An informational call was
held on July 1, 2008 regarding these proposals. If you were unable to listen to the call, you
can access the replay by calling (877) 660-6853 and using access code 286 and
ID code 289000. The webcast replay of the conference call will be available
online through Wednesday, October 1, 2008 at www.GladstoneInvestment.com
and www.investorcalendar.com. The script for the call was also filed on July 1,
2008 with the U.S. Securities and Exchange Commission, and is available at the
Companys website, www.GladstoneInvestment.com, or the SECs website at
www.sec.gov.
If
we have not received your proxy as the date of the Annual Meeting approaches,
you may receive a call asking you to exercise your right to vote. Georgeson Inc. has been retained by the
Company to make follow-up phone calls to help secure the remaining votes needed
for the Meeting.
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