PSEC – A Prospect Capital Fund

Press Release

Prospect Capital Announces Financial Results for Fiscal Year Ended June 30, 2007

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Prospect Capital Announces 12th Consecutive Quarterly Dividend Increase, Representing a 10% Current Yield, With September 17th as Ex-Dividend Date

NEW YORK, NY — (MARKET WIRE) — 09/06/07 — Prospect Capital Corporation(NASDAQ: PSEC) (“Prospect”) announced today that it has declared a firstfiscal quarter (for the fiscal year ending June 30,

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Prospect Capital Provides Mezzanine Debt Financing to Diamondback

NEW YORK, NY — (MARKET WIRE) — 08/29/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has provided growth andrecapitalization financing of approximately $9.2 million to DiamondbackOperating, LP

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Prospect Capital Announces 20% IRR Initial Monetization of Cougar Pressure Control, Bringing Prospect to Five Realizations to Date Averaging a 59% IRR

NEW YORK, NY — (MARKET WIRE) — 08/17/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that Arctic Acquisition Corp., dba CougarPressure Control (“Cougar”), has repaid the unamortized portion ofProspect’s

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Prospect Capital Provides Growth and Recapitalization Financing to Deep Down

NEW YORK, NY — (MARKET WIRE) — 08/09/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has provided growth andrecapitalization financing of approximately $6.0 million to Deep Down,

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Prospect Capital Corporation Increases Net Investment Income Guidance by 16%

NEW YORK, NY — (MARKET WIRE) — 08/08/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that Prospect has increased its net investmentincome guidance for the fourth fiscal quarter ended

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Prospect Capital Provides Growth Financing to Wind River

NEW YORK, NY — (MARKET WIRE) — 08/01/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that Prospect has provided growth financing ofapproximately $15.0 million to the Wind River Resources

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Prospect Capital Provides Financing for Private Equity Sponsors in Recapitalization of Regional Management Corp.

NEW YORK, NY — (MARKETWIRE) — 07/13/07 — Prospect Capital Corporation(NASDAQ: PSEC) (“Prospect”) announced today that on June 29, 2007, Prospectcommitted to provide, and subsequently funded, debt financing of $25.0million

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Prospect Capital Provides $45 Million in Growth Financing to Private Equity Sponsor Controlled H&M

NEW YORK, NY — (MARKETWIRE) — 07/05/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that on June 29, 2007, Prospect committed toprovide, and subsequently funded, growth financing of approximately

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Prospect Capital Provides Debt and Equity for Acquisition of R-V Industries

NEW YORK, NY — (MARKETWIRE) — 06/29/07 — Prospect Capital Corporation(NASDAQ: PSEC) (“Prospect”) announced today that it has provided debt andequity of approximately $19.5 million for the acquisition of R-VIndustries,

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