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FIRST CAPITAL PROMOTES GAIL SHIPLEY TO SENIOR VICE PRESIDENT / TREASURY SERVICES MANAGER

OKLAHOMA CITY, Okl. and WEST PALM BEACH, Fla., February 27, 2008 – First Capital, a leading financial services firm, announced today that Gail Shipley has been promoted to Senior Vice President / Treasury Services Manager in the Oklahoma City, Oklahoma  office. 

Ms. Shipley oversees all aspects of First Capital’s treasury management division.  She has been with First Capital since July, 2004, previously serving as Vice President / Assistant Treasurer.    Prior to joining First Capital, Ms. Shipley represented banks through her association with the law firm of Nash, Cohenour, Kelley and Hunt.  She has 19 years experience in the banking / financial industry and held the position of Senior Vice President / General Counsel of Southwestern Bank, as well as positions at Union Bank, Local Oklahoma Bank and the FDIC.  Ms. Shipley received her JD from the University of Oklahoma, her BBA in Finance from Central State University, and is a graduate of the University of Colorado Graduate School of Banking.

Mark Hogard, Executive Vice President and Chief Financial Officer of First Capital, stated, “Gail is top-notch in everything that she does.  Her extensive background affords her the attention to detail that is required in her position.  We are privileged to have Gail on First Capital’s team and I congratulate her on this well-deserved promotion.” 

About First Capital

First Capital (www.FirstCapital.com) is a leading commercial financial services firm providing prompt, professional and reliable working capital solutions and outsourcing, primarily for middle-market companies and institutions.  With over $1 billion in total committed lines, First Capital is one of the largest independent and fastest-growing commercial finance companies in the United States.  The firm focuses on asset-based lending, accounts receivable management, credit protection, international supply chain financing and servicing for clients in North America and Asia.  The firm also manages asset portfolios for clients and is an active issuer of receivables-backed securities.  Combining a unique blend of traditional and progressive banking methods, First Capital provides clients with customized support needed to grow and maintain their business.  Based out of West Palm Beach, Florida, the firm has six full-service offices in major cities including New York, Los Angeles, Ft. Lauderdale, Oklahoma City and Atlanta and a subsidiary that is headquartered in Hong Kong.