PSEC – A Prospect Capital Fund

Prospect Capital Declares 15th Consecutive Quarterly Dividend Increase, Representing an 11.1% Current Dividend Yield

June 19, 2008

NEW YORK, NY – (MARKET WIRE) – 06/19/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect” or “Company”) announced today that it has
declared a fourth fiscal quarter (for the fiscal year ending June 30,
2008) dividend of $0…