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Patriot Capital Funding to Host 2008 Third Quarter Results Conference Call and Webcast on November 7, 2008

WESTPORT, CT - November 3, 2008 - Patriot Capital Funding, Inc. (NasdaqGS: PCAP), a specialty finance company providing flexible financing solutions to small- to mid-sized companies primarily in transactions initiated by private equity sponsors, today announced that it will host its 2008 third quarter results conference call and webcast on Friday, November 7th at 10:30 a.m. (EST). Results for the quarter will be issued that day before the market opens.

Conference Call: Friday, November 7, 2008 at 10:30 a.m. EST
Dial-in Number: 800/954-1051
Call Replay Until: November 9 at 12:30 p.m. EST
Replay Number: 800/633-8284
Replay Access Code:     21398592
Webcast: www.patcapfunding.com
Web Replay: 30 days

About Patriot Capital Funding, Inc.
Patriot Capital Funding, Inc. (www.patcapfunding.com) is a specialty finance company providing customized financing solutions primarily to private equity sponsors focused on making investments in small- to mid-sized companies. Patriot Capital Funding typically invests in companies with annual revenues ranging from $10 million to $100 million that operate in diverse industry sectors. Investments usually take the form of senior secured loans, junior secured loans, and/or subordinated debt investments - which may contain equity or equity-related instruments. Patriot Capital Funding also offers "one-stop" financing, which typically includes a revolving credit line, one or more senior term loans and a subordinated debt investment. Patriot Capital Funding also makes equity co-investments of generally up to $3.0 million and, to a lesser extent, investments in broadly syndicated loans.

CONTACTS:
Richard Buckanavage
President and Chief Executive Officer
203/429-2700

Robert Rinderman or Norberto Aja
Jaffoni & Collins Incorporated
212/835-8500
PCAP@jcir.com

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