PSEC – A Prospect Capital Fund

Prospect Capital Corporation Announces Commencement of Public Offering of 1,500,000 Shares of Common Stock

March 26, 2008

NEW YORK, NY – (MARKET WIRE) – 03/26/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) today announced the commencement of a
public offering of 1,500,000 shares of its common stock, par value
$0.001 per share. Prospect also plan…