PSEC – A Prospect Capital Fund

Press Release

Prospect Energy Corporation Schedules Fiscal Year 2006 Earnings Release and Conference Call

NEW YORK, NY - (MARKET WIRE) - 09/18/06 - Prospect Energy Corporation (NASDAQ: PSEC) (the "Company") announced today that it will report its fiscal year 2006 results for the

Prospect Energy Corporation Makes Senior Secured Debt Investment in Cypress Consulting Services, Inc.

NEW YORK, NY - (MARKET WIRE) - 09/07/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made a $4.3 million senior secured investment in Cypress

Prospect Energy Corporation Sponsors Buyout of NRG Manufacturing, Inc., as Sole Source Capital Solution

NEW YORK, NY - (MARKET WIRE) - 09/05/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has acquired a controlling equity interest in and has provided

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

NEW YORK, NY - (MARKET WIRE) - 08/28/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced that it has completed a public offering of 5,716,650 shares of common stock

Prospect Energy Corporation Prices Public Offering of Common Stock

NEW YORK, NY - (MARKET WIRE) - 08/10/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced that it priced a public offering of 4,971,000 shares of common stock at

Prospect Energy Corporation Increases Quarterly Dividend to $0.38 per Share, Representing 90% Year Over Year Growth

NEW YORK, NY - (MARKET WIRE) - 07/31/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has declared a first fiscal quarter (for the fiscal year

Prospect Energy Corporation Closes Larger $50 Million Revolving Credit Facility

NEW YORK, NY - (MARKET WIRE) - 07/26/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has closed a $50 million revolving credit facility (the "Facility")

William J. Gremp Joins Prospect Energy Corporation’s Board of Directors

NEW YORK, NY - (MARKET WIRE) - 07/20/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that William J. Gremp has joined Prospect's Board of Directors. "We are

Prospect Energy Corporation Increases Quarterly Dividend to $0.34 per Share, Representing 127% Year Over Year Growth

NEW YORK, NY - (MARKET WIRE) - 06/14/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has declared a fourth fiscal quarter (for the fiscal year

Prospect Energy Corporation Provides Business Updates

NEW YORK, NY - (MARKET WIRE) - 05/22/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Vastardis Compliance Services ("Vastardis Compliance") has informed Prospect that Vastardis Compliance