PSEC – A Prospect Capital Fund

Press Release

Prospect Capital Corporation Increases Quarterly Dividend to $0.39 per Share, Representing 15% Year Over Year Growth

NEW YORK, NY — (MARKETWIRE) — 06/14/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has declared a fourth fiscal quarter(for the fiscal year ending June 30, 2007)

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Prospect Capital Corporation Closes $200 Million Revolving Credit Facility and Announces 21% IRR Portfolio Company Realization

NEW YORK, NY — (MARKETWIRE) — 06/07/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that Prospect has closed a $200 millionthree-year revolving credit facility (the “Facility”) with RabobankNederland as

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Prospect Capital Provides Acquisition and Growth Financing to Ken-Tex

NEW YORK, NY — (MARKETWIRE) — 06/05/07 — Prospect Capital Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has provided growth financing ofapproximately $10.8 million to Ken-Tex Energy Corp. (“Ken-Tex”), located

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Prospect Capital Corporation Schedules Third Fiscal Quarter Earnings Release and Conference Call

NEW YORK, NY — (MARKET WIRE) — 05/03/07 — Prospect Capital Corporation (NASDAQ: PSEC)(the “Company”) announced today that it will report its third fiscalquarter results for the period ended March

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Prospect Energy Corporation Changes Name to Prospect Capital Corporation

NEW YORK, NY — (MARKET WIRE) — 05/03/07 — Prospect Energy Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it is changing its name to ProspectCapital Corporation. “Energy and industrial-related companies, including

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Prospect Provides Acquisition and Growth Financing to ESA Environmental

NEW YORK, NY — (MARKET WIRE) — 04/12/07 — Prospect Energy Corporation(NASDAQ: PSEC) (“Prospect”) announced today that it has providedacquisition and growth financing of approximately $12.2 million to ESAEnvironmental Specialists,

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Prospect Provides Acquisition Financing to C&J Cladding

NEW YORK, NY — (MARKET WIRE) — 04/02/07 — Prospect Energy Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it has provided acquisition financing of$6 million to support the purchase of C&J

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Prospect Energy Corporation Increases Quarterly Dividend to $0.3875 per Share, Representing 29% Year Over Year Growth

NEW YORK, NY — (MARKET WIRE) — 03/14/07 — Prospect Energy Corporation(NASDAQ: PSEC) (“Prospect”) announced today that it has declared a thirdfiscal quarter (for the fiscal year ending June 30,

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Prospect Energy Corporation Announces Repayment of Investment in Cypress Consulting Services, Inc.

NEW YORK, NY — (MARKET WIRE) — 02/12/07 — Prospect Energy Corporation (NASDAQ: PSEC)(“Prospect”) announced today that it expects repayment of, and a gain on,Prospect’s $4.3 million debt investment in

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Prospect Energy Corporation Announces Financial Results for Second Fiscal Quarter Ended December 31, 2006

NEW YORK, NY — (MARKET WIRE) — 02/09/07 — Prospect Energy Corporation (NASDAQ: PSEC)today announced financial results for our second fiscal quarter endedDecember 31, 2006. Our net investment income for

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