Sec Form 4 Filing - WEINER MICHAEL D @ ARES CAPITAL CORP - 2008-05-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person WEINER MICHAEL D 2. Issuer Name and Ticker or Trading Symbol ARES CAPITAL CORP [ ARCC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VP and General Counsel (Last) (First) (Middle) 1999 AVENUE OF THE STARS, SUITE 1900 3. Date of Earliest Transaction (MM/DD/YY) 05/01/2008 (Street) LOS ANGELES, CA90067 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock ( 1 ) 05/01/2008 X 999 A $ 11.0016 5,066 ( 2 ) D Common Stock ( 1 ) 05/01/2008 X 333 A $ 11.0016 1,700 ( 3 ) I By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other WEINER MICHAEL D 1999 AVENUE OF THE STARS, SUITE 1900 LOS ANGELES, CA90067 VP and General Counsel Signatures /s/ Monica J. Shilling, by power of attorney 05/01/2008 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares acquired pursuant to the over-subscription privilege offered in connection with ARCC's rights offering that expired on April 21, 2008. Shares acquired in the offering were received by the Reporting Person on May 1, 2008. ( 2 )Includes 68 shares acquired under the Dividend Reinvestment Plan of Ares Capital Corporation in connection with the March 31, 2008 dividend. ( 3 )Includes 34 shares acquired under the Dividend Reinvestment Plan of Ares Capital Corporation in connection with the March 31, 2008 dividend.

Remarks: The reported number of securities does not include securities of Ares Capital Corporation owned by Ares Investments LLC or its affiliates as to which the Reporting Person may have certain pecuniary interests. The filing of this statement shall not be deemed an admission that the Reporting Person, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, is a beneficial owner of, and the Reporting Person expressly disclaims beneficial ownership of, any equity security owned by Ares Investments LLC.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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