EXHIBIT (N)(2)
Published on June 25, 2008
Exhibit (n)(2)
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors
Triangle Capital Corporation
Triangle Capital Corporation
We have audited the senior securities table included in the accompanying registration statement on
Form N-2 of Triangle Capital Corporation as of December 31, 2007. The senior securities table is
the responsibility of the Funds management. Our responsibility is to express an opinion on the
senior securities table based on our audit.
We conducted our audit in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the senior securities table is free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
senior securities table. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall senior securities table
presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the senior securities table referred to above presents fairly, in all material
respects, the senior securities of Triangle Capital Corporation at December 31, 2007 in conformity
with U.S. generally accepted accounting principles.
/s/ Ernst & Young LLP
Raleigh, North Carolina
June 11, 2008
June 11, 2008