NEW YORK, NY — (MARKET WIRE) — 01/27/06 — Prospect Energy Corporation (NASDAQ: PSEC);(the “Company”) announced today that it will report its second fiscalquarter 2006 results for the period ended December 31, 2005, on Thursday,February 9, 2006, after the close of the financial markets.
The Company will host a conference call on Friday, February 10, 2006, at11:00 am Eastern Time. The conference call dial-in number will be877-407-8031. A recording of the conference call will be available forapproximately 7 days. To hear a replay, call 877-660-6853 and use Accountnumber 286 and Conference ID code 190588.
About Prospect Energy Corporation
Prospect Energy Corporation (www.prospectenergy.com) is a closed-endinvestment company that lends to and invests in energy-related businessesand assets. Prospect Energy’s investment objective is to generate bothcurrent income and long-term capital appreciation through debt and equityinvestments.
Prospect Energy has elected to be treated as a business development companyunder the Investment Company Act of 1940 (“1940 Act”). Accordingly, we arerequired to comply with a series of regulatory requirements under the 1940Act as well as applicable NASDAQ, state, and federal rules and regulations.In addition, we have elected to be treated as a regulated investmentcompany under the Internal Revenue Code of 1986. Failure to comply with anyof the laws and regulations that apply to Prospect Energy could have amaterial adverse effect on Prospect Energy and its shareholders.
This press release contains forward-looking statements within the meaningof the Private Securities Litigation Reform Act of 1995. Any suchstatements, other than statements of historical fact, are likely to beaffected by other unknowable future events and conditions, includingelements of the future that are or are not under the Company’s control, andthat the Company may or may not have considered; accordingly, suchstatements cannot be guarantees of any aspect of future performance.Actual developments and results are highly likely to vary materially fromthese estimates and projections of the future. Such statements speak onlyas of the time when made, and the Company undertakes no obligation toupdate any such statement now or in the future.
Contact:Please send investment proposals to:Prospect Energy CorporationJohn Barryjbarry@prospectstreet.com(212) 448-0702Grier Eliasekgrier@prospectstreet.com(212) 448-0702