PSEC – A Prospect Capital Fund

Prospect Capital Corporation Schedules Third Fiscal Quarter Earnings Release and Conference Call

May 3, 2007

NEW YORK, NY – (MARKET WIRE) – 05/03/07 – Prospect Capital Corporation
(NASDAQ: PSEC) (the “Company”) announced today that it will report its
third fiscal quarter results for the period ended March 31, 2007, on
Thursday, May 10, 2007, after…