PSEC – A Prospect Capital Fund

Prospect Capital Corporation Makes Best and Final Offer for Allied as a Superior Proposal Compared to “Back-Room” Ares/Allied Deal

February 9, 2010

NEW YORK, NY – (MARKET WIRE) – 02/09/10 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) today sent to the Board of Directors of
Allied Capital Corporation (“Allied”) the letter set forth below:
February 9, 2010 Board of…