The Past Ten Years of Investing

On March 31, 2003, we had net assets of $272.2 million. Over the next 10 years we repurchased 147,513 shares of common stock of Capital Southwest Corporation for $16.9 million and disbursed or accrued $162.1 million for:

$35.9 million - Cash ordinary dividends paid to shareholders

$77.3 million – Cash capital gains dividends paid to shareholders

$48.9 million - Federal tax payments

Today - As of March 31, 2013, our net assets have grown to $659.8 million