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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
ALLIED CAPITAL CORPORATION
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(Exact name of issuer as specified in charter)
1666 K Street, N.W., Ninth Floor, Washington, D.C. 20006
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(Address of principal executive offices)
Issuer's telephone number, including area code (202) 331-1112
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:
1. Title of security Common Stock
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2. Number of shares outstanding before the change 6,228,126
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3. Number of shares outstanding after the change 6,891,836
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4. Effective date of change 3/15/96
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5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
rights offering
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Give brief description of transaction 1-for-7 non-transferable
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rights offering
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change
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2. Name after change
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3. Effective date of charter amendment changing name
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4. Date of shareholder approval of change, if required
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Date 4/5/96 /s/ Suzanne V. Sparrow
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Vice President, Investor Relations
