PSEC – A Prospect Capital Fund

Prospect Capital Declares 17th Consecutive Quarterly Dividend Increase, Representing a 14.6% Current Dividend Yield

December 19, 2008

NEW YORK, NY – (MARKET WIRE) – 12/19/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect” or “Company”) announced today that it has
declared a second fiscal quarter (for the fiscal year ending June 30,
2009) dividend of $0…