NEW YORK, NY — (MARKET WIRE) — 04/28/05 — Prospect Energy Corporation (NASDAQ: PSEC)(the “Company”) announced today that the Company will report earningsbefore the opening of the markets at 9:30 a.m. (Eastern Time) on Friday,May 13, 2005, for its third fiscal quarter ended March 31, 2005. TheCompany will host a conference call Friday, May 13, 2005, at 12:00 p.m.(Eastern Time). The conference call dial-in number will be 1-877-407-8031.A recording of the conference call will be available for approximately 7days. To hear a replay, call 1-877-660-6853 and use Playback Account # 286and Playback Conference ID # 151087.
About Prospect Energy Corporation
Prospect Energy Corporation is a financial services company that lends toand invests in energy related businesses and assets. Prospect Energy’sinvestment objective is to generate both current income and long-termcapital appreciation through debt and equity investments.
Forward-Looking Statements
This press release contains forward-looking statements subject to theinherent uncertainties in predicting future results and conditions. Anystatements that are not statements of historical fact (including statementscontaining the words “believes,” “plans,” “anticipates,” “expects,””estimates” and similar expressions) should also be considered to beforward-looking statements. Certain factors could cause actual results andconditions to differ materially from those projected in theseforward-looking statements. These factors are identified from time to timein our filings with the Securities and Exchange Commission. We undertakeno obligation to update such statements to reflect subsequent events.
Contact:Please send investment proposals to:Prospect Energy CorporationJohn Barry (jbarry@prospectstreet.com)Grier Eliasek (grier@prospectstreet.com)212-448-0702