PSEC – A Prospect Capital Fund

Prospect Capital Announces a 17% Realized Cash on Cash IRR Monetization of TLOGH, L.P.

April 1, 2008

NEW YORK, NY – (MARKET WIRE) – 04/01/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that TLOGH, L.P.
(“TLOGH”), has repaid Prospect’s $15.5 million loan. Prospect has
realized an approximately 1…