AGREEMENT OF JOINT FILING
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby consent to the joint filing on their behalf of a
single Schedule 13G and any amendments thereto, with respect to the beneficial
ownership by each of the undersigned of shares of common stock, $0.01 par value
per share, of MVC Capital, Inc., a Delaware corporation. The undersigned hereby
further agree that this statement may be executed in any number of counterparts,
each of which when so executed shall be deemed to be an original, but all of
which counterparts shall together constitute one and the same instrument.
Dated: February 13, 2008
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
By:Wynnefield Capital Management, LLC,
General Partner
By: /s/ Xxxxxx Xxxx
-----------------------------------
Xxxxxx Xxxx, Managing Member
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I
By:Wynnefield Capital Management, LLC,
General Partner
By: /s/ Xxxxxx Xxxx
-----------------------------------
Xxxxxx Xxxx, Managing Member
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.
By:Wynnefield Capital, Inc.
By: /s/ Xxxxxx Xxxx
-----------------------------------
Xxxxxx Xxxx, President
CHANNEL PARTNERSHIP II, L.P.
By: /s/ Xxxxxx Xxxx
-----------------------------------------------
Xxxxxx Xxxx, General Partner
WYNNEFIELD CAPITAL MANAGEMENT, LLC
By: /s/ Xxxxxx Xxxx
-----------------------------------------------
Xxxxxx Xxxx, Co-Managing Member
WYNNEFIELD CAPITAL, INC.
By: /s/ Xxxxxx Xxxx
-----------------------------------------------
Xxxxxx Xxxx, President
WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN
By: /s/ Xxxxxx Xxxx
-----------------------------------------------
Xxxxxx Xxxx, Portfolio Manager
/s/ Xxxxxx Xxxx
------------------------------------------------
Xxxxxx Xxxx, Individually
/s/ Xxxxxx Xxxxxx
------------------------------------------------
Xxxxxx Xxxxxx, Individually
