ARES CAPITAL CORP — Director's Dealing 2011

Jan 10, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ARES CAPITAL CORP (ARCC)
CIK: 0001287750
Period of Report: 2010-12-31

Reporting Person: RESSLER ANTONY P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-17	Common Stock	G	118183	—	Disposed	531817	Indirect
2010-12-20	Common Stock	G	31110	—	Disposed	500707	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	650000	Indirect

Footnotes

F1: The reported number of securities does not include securities of Ares Capital Corporation owned by Ares Investments Holdings LLC ("Ares Investments"). The Reporting Person is a member of Ares Partners Management Company LLC, which is the indirect parent of Ares Investments. The Reporting Person expressly disclaims beneficial ownership of, and pecuniary interest in, such securities, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.

F2: The shares are held by Greek Associates, a California general partnership, of which Antony P. Ressler is a general partner.