PSEC – A Prospect Capital Fund

Prospect Capital Announces a 69% Realized Cash on Cash IRR Monetization of Ken-Tex Energy, Bringing Prospect to Six Successful Realizations to Date Averaging a 61% Cash on Cash IRR

February 22, 2008

NEW YORK, NY – (MARKET WIRE) – 02/22/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that Ken-Tex Energy Corp.
(“Ken-Tex”), has repaid Prospect’s $10.8 million loan to Ken-Tex.
Prospect has also …