PSEC – A Prospect Capital Fund

Prospect Capital Declares 22nd Consecutive Quarterly Cash Distribution Increase

March 18, 2010

NEW YORK, NY – (MARKET WIRE) – 03/18/10 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect” or “Company”) announced today that it has
declared a third fiscal quarter (for the fiscal year ending June 30,
2010) cash distributi…