PRESS RELEASE FOR IMMEDIATE RELEASE
FEBRUARY 18, 2000 NEW YORK METRO DISTRIBUTION
CONTRACT: Maurice E. Cox, Jr. SYMBOL: NON-TRADING
402/444-1630 LIMITED PARTNERSHIPS
CAPITAL SOURCE FUNDS ANNOUNCE CONSENT SOLICITATION EXTENSION
(Omaha, NE) The general partners of Capital Source L.P. and Capital Source II
L.P.-A announced today that they have extended the current Consent Solicitation
until March 24, 2000. Holders of record as of October 28, 1999, are eligible to
participate in the consent Solicitation. During the extended period, limited
partners will be permitted to change their consents, if they desire. The general
partners are developing procedures to allow such changes, which will be
announced shortly.
The general partners are asking the limited partners to approve a merger of the
two Capital Source Funds into a new limited partnership, which will have as its
long-term objective increased income through the acquisition of additional
multifamily residential properties. Approval of the proposed merger would also
provide limited partners with liquidity, as units of the new Fund will trade on
the NASDAQ.