PSEC – A Prospect Capital Fund

Press Release

Prospect Capital Announces 12.3% Year-Over-Year Increase in Net Investment Income for Fiscal Year Ended June 30, 2010, Plus an $0.18 per Share Quarterly Increase in Net Asset Value

NEW YORK, NY — (MARKET WIRE) — 08/30/10 — Prospect Capital Corporation (NASDAQ: PSEC)(“Company” or “Prospect”) today announced financial results for our fourthfiscal quarter and fiscal year ended June 30,

Prospect Capital Declares the 26th and 27th Consecutive Cash Distributions of the Company

NEW YORK, NY — (MARKET WIRE) — 08/26/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) announced today that Prospect has declared monthly cash distributions in the following amounts

Prospect Capital Provides $21.5 Million Senior Facility for Northwestern Management Services, With Nearly $250 Million Now Invested by Prospect in 10 Transactions Since March 31, 2010

NEW YORK, NY — (MARKET WIRE) — 08/03/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has closed a $21.5 million senior secured credit facility for Northwestern

Prospect Capital Invests $52.4 Million of Debt and Equity in AIRMALL USA

NEW YORK, NY — (MARKET WIRE) — 08/02/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has invested $52.4 million of combined debt and equity in AIRMALL

Prospect Capital Provides $21 Million in Acquisition Financing to SonicWALL to Support Take-Private Transaction by Thoma Bravo and Teachers’ Private Capital

NEW YORK, NY — (MARKET WIRE) — 07/27/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a secured debt investment of $21 million in SonicWALL,

Prospect Capital Corporation Provides $38.0 Million Senior Secured Credit Facility for a Leading Marketing and Information Services Company

NEW YORK, NY — (MARKET WIRE) — 07/15/10 — Prospect Capital Corporation (NASDAQ: PSEC) announced today the closing of a $38.0 million first lien senior secured credit facility to support

Prospect Capital Provides $25.5 Million Senior Secured Credit Facility for EXL Acquisition Corp.

NEW YORK, NY — (MARKET WIRE) — 06/25/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has closed a $25.5 million senior secured credit facility for EXL

Prospect Capital Closes Additional Senior Secured Debt Investment, Announces Change From Quarterly to Monthly Cash Distributions to Shareholders, and Declares the 23rd, 24th, and 25th Consecutive Distributions of the Company

NEW YORK, NY — (MARKET WIRE) — 06/18/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect” or “Company”) announced today that Prospect has made a senior secured investment of $6 million

Prospect Capital Announces Expanded Three-Year $300 Million Revolving Credit Facility

NEW YORK, NY — (MARKET WIRE) — 06/14/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that it has completed a first closing on an expanded three-year $300 million

Prospect Capital Makes $20 Million Secured Debt Investment in Hoffmaster

NEW YORK, NY — (MARKET WIRE) — 06/03/10 — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has made a secured debt investment of $20 million in Hoffmaster,