Exhibit 107

Calculation of Filing Fee Table

FORM N-2

(Form Type)

ARES CAPITAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

Security Type

Security Class Title

Fee Calculation or Carry Forward Rule (1)

Amount Registered

Proposed Maximum Offering Price Per Unit

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee

Carry Forward Form Type

Carry Forward File Number

Carry Forward Initial effective date

Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward

Newly Registered Securities

Fees to be paid

Equity

Common Stock, $0.001 par value per share (3)(4)

Rule 456(b) and Rule 457(r)

(2)

(2)

(2)

(1)

(1)

Fees to be paid

Equity

Preferred Stock, $0.001 par value per share (3)

Rule 456(b) and Rule 457(r)

(2)

(2)

(2)

(1)

(1)

Fees to be paid

Other

Subscription Rights (3)

Rule 456(b) and Rule 457(r)

(2)

(2)

(2)

(1)

(1)

Fees to be paid

Other

Warrants (5)

Rule 456(b) and Rule 457(r)

(2)

(2)

(2)

(1)

(1)

Fees to be paid

Debt

Debt Securities (6)

Rule 456(b) and Rule 457(r)

(2)

(2)

(2)

(1)

(1)

Fees to be paid

Other

Units (7)

Rule 456(b) and Rule 457(r)

(2)

(2)

(2)

(1)

(1)

Fees Previously Paid

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Carry Forward Securities

Carry Forward Securities

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Total Offering Amounts

N/A

Total Fees Previously Paid

N/A

Total Fee Offsets

N/A

Net Fee Due

N/A

(1)	In accordance with Rule 456(b) and Rule 457(r) promulgated under the Securities Act of 1933, as amended (the “Securities Act”), the Registrant is deferring payment of all of the registration fees except for $187,155.86 that has already been paid with respect to $1,417,643,973.45 aggregate principal amount of securities that were previously registered and remained unsold pursuant to Registration Statement on Form N-2 (File No. 333-256733), which was initially filed by the Registrant on June 3, 2021 (the “Prior Registration Statement”). Pursuant to 457(p) under the Securities Act, the $187,155.86 in unused registration fees may be used to offset the registration fees payable pursuant to this Registration Statement.  In connection with the securities offered hereby, except for the application of the 187,155.86 in unused registration fees previously paid by the Registrant, the Registrant will pay the registration fee subsequently on a pay-as-you-go basis. The Registrant has terminated any offering that included the unsold securities under the Prior Registration Statement.
(2)	An unspecified amount of securities or aggregate principal amount, as applicable, of each identified class is being registered as may from time to time be sold at unspecified prices.
(3)	Subject to Note 1 above, such shares of common stock or preferred stock, or subscription rights to purchase shares of common stock, may be sold separately or as units in combination with other securities registered hereunder.
(4)	Subject to Note 1 above, such shares of common stock may be issued upon conversion or exchange of other securities registered hereunder, to the extent any such securities are, by their terms, convertible or exchangeable for common stock.
(5)	Subject to Note 1 above, such warrants may be sold, from time to time separately or as units in combination with other securities registered hereunder, representing rights to purchase common stock, preferred stock or debt securities.
(6)	Subject to Note 1 above, such principal amount of debt may be sold separately or as units in combination with other securities registered hereunder.
(7)	Subject to Note 1 above, such units may consist of a combination of any one or more of the securities being registered hereunder and may also include securities issued by third parties, including the U.S. Treasury.