NEW YORK, NY — (MARKET WIRE) — 04/26/06 — Prospect Energy Corporation (NASDAQ: PSEC)(the “Company”) announced today that it will report its third fiscalquarter 2006 results for the period ended March 31, 2006, on Wednesday, May10, 2006, after the close of the financial markets.
The Company will host a conference call on Thursday, May 11, 2006, at 11:00am Eastern Time. The conference call dial-in number will be (877) 407-8031.A recording of the conference call will be available for approximately 7days. To hear a replay, call (877) 660-6853 and input Account 286 andConference ID code 201261.
About Prospect Energy Corporation
Prospect Energy Corporation (www.prospectenergy.com) is a closed-endinvestment company that lends to and invests in energy-related businesses.Prospect Energy’s investment objective is to generate both current incomeand capital appreciation through debt and equity investments.
Prospect Energy has elected to be treated as a business development companyunder the Investment Company Act of 1940 (“1940 Act”). We are required tocomply with a series of regulatory requirements under the 1940 Act as wellas applicable NASDAQ, federal and state laws and regulations. We haveelected to be treated as a regulated investment company under the InternalRevenue Code of 1986. Failure to comply with any of the laws andregulations that apply to Prospect Energy could have a material adverseeffect 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