X0202 3 2005-07-25 0 0001326003 BlackRock Kelso Capital CORP N/A 0001299477 Lazar Michael B C/O BLACKROCK KELSO CAPITAL CORPORATION 40 EAST 52ND STREET NEW YORK NY 10022 0 1 0 1 Chief Operating Officer C.O.O. of investment adviser Common Stock, par value $0.001 per share 34312 I By BlackRock Kelso Capital Super Holdings LLC Common Stock, par value $0.001 per share 5068 I By BlackRock Kelso Capital Advisors LLC Common Stock, par value $0.001 per share 26000 I By Michael B. Lazar IRA Common Stock, par value $0.001 per share 1466.667 I By Lazar 2005 Family Trust, U/T/A dated 6/14/2005 Owned indirectly through the Reporting Person's direct ownership of interests in BlackRock Kelso Capital Super Holdings LLC ("Super"), which owns Common Stock of the Issuer through its indirect ownership of interests in BlackRock Kelso Capital Holding LLC ("Holding"). Owned indirectly through the Reporting Person's direct ownerhip of interests in BlackRock Kelso Capital Advisors LLC ("Advisor"), which owns Common Stock of the Issuer through its indirect ownership of interests in Holding. The Reporting Person has a pecuniary interest in Michael B. Lazar IRA, which has a direct ownership interest in Super. See Footnote 1. The Reporting Person has a pecuniary interest in Lazar 2005 Family Trust, U/T/A dated 6/14/2005, which has a direct ownership interest in Advisor. See Footnote 2. Michael B. Lazar, by Farzad Samimi, Attorney-in-Fact 2005-07-25