Jun 23, 2015 - Oxford Lane Capital Corp. announced today that it has called for redemption and will redeem on July 24, 2015 all of the issued and outstanding shares (an aggregate of 632,450 shares) of the Company's 8.50% Series 2017 Term Preferred Stock, which is traded on the NASDAQ Global Select Market under the ticker OXLCP, for a redemption price of $25 per Share plus $0.13577 in accrued but unpaid dividends per Share to the Redemption Date, for an aggregate redemption price of $25.13577 per Share. The Company has set July 10, 2015 as the record date for the redemption of the Shares.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Oxford Lane Capital Corp., 8.50% Cumulative Series 2017 Term Preferred Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 12/31/2014 at $25 per share plus accrued and unpaid dividends, and maturing on 12/31/2017. Cumulative distributions of 8.50% per annum ($2.125 per annum or $0.17708333 per month) will be paid monthly on the last business day of each month to holders of record on the record date fixed by the board, not more than 20 days or less than 10 days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). If the issuer fails to maintain asset coverage of at least 200% as of the close of business on the last business day of a calendar quarter, a portion of the shares may become subject to mandatory redemption (see prospectus for further information). Dividends paid by this preferred security are generally NOT eligible for the preferential income tax rate and are also NOT eligible for the dividends received deduction for corporate holders (see page S-40 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NGS Chart	8.50% $2.125	$25.00 $25.00	Called for 7/24/2015 12/31/2017	NF NF 5/12/2015	last day of each month Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Company's Online Information Links

HOME PAGE:     http://www.oxfordlanecapital.com/
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Online ETF Fund Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Email Address	ir@oxlc.com
Email Request Form on Website	Go to Email Form

Address and Phone Numbers

Address:   8 Sound Shore Drive, Suite 255, Greenwich, CT 06830
Main Phone Number	203-983-5275
Fax Number	Not Available
Investor Relations   Bruce Rubin	203-983-5280

CEO - Jonathan H. Cohen

CFO - Patrick F. Conroy