PSEC – A Prospect Capital Fund

Press Release

Prospect Capital Makes $15 Million Second Lien Investment in Deb Shops

NEW YORK, NY — (MARKET WIRE) — 12/11/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has made a second lien secured debtinvestment of $15 million in Deb

Prospect Capital Provides $25.6 Million in Debt Financing for Dividend Recapitalization of IEC\/ARS

NEW YORK, NY — (MARKET WIRE) — 11/26/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has provided combined debt financingof $25.6 million to IEC Systems LP (“IEC”)

Prospect Capital Corporation Closes Public Offering of Common Stock Including Over-Allotment Option

NEW YORK, NY — (MARKET WIRE) — 11/14/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced that it has completed a public offering of 3,700,000shares of common stock (including 200,000 shares

Prospect Capital Announces Financial Results for First Fiscal Quarter Ended September 30, 2007

NEW YORK, NY — (MARKET WIRE) — 11/12/07 — Prospect Capital Corporation (NASDAQ: PSEC)today announced financial results for its first fiscal quarter endedSeptember 30, 2007. Our net investment income, excluding

Prospect Capital Makes $12 Million Second Lien Debt Investment in Qualitest

NEW YORK, NY — (MARKET WIRE) — 11/12/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has made a second lien debt investmentof $12 million in Qualitest Pharmaceuticals,

Prospect Capital Makes $18 Million Second Lien Debt Investment in Shearer’s

NEW YORK, NY — (MARKET WIRE) — 11/06/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has made a second lien debt investmentof $18 million in Shearer’s Foods,

Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call

NEW YORK, NY — (MARKET WIRE) — 11/06/07 — Prospect Capital Corporation (NASDAQ: PSEC)(the “Company”) announced today that it expects to file its 10-Q reportwith its first fiscal quarter results

Prospect Capital Makes Two Debt Investments Aggregating $8 Million and Comments on Investment Strategy

NEW YORK, NY — (MARKET WIRE) — 11/05/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has made two additional debtinvestments aggregating $8 million. Prospect has made a

Prospect Capital Makes $14 Million Investment in Preferred Homecare

NEW YORK, NY — (MARKET WIRE) — 11/02/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has made a second lien secured debtinvestment, as well as a small

Prospect Capital Makes Second Lien Debt Investment in Resco

NEW YORK, NY — (MARKET WIRE) — 10/10/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has made a second lien debt investmentof approximately $9.75 million in Resco