PSEC – A Prospect Capital Fund

Prospect Capital Makes $12 Million Second Lien Debt Investment in Qualitest

November 12, 2007

NEW YORK, NY – (MARKET WIRE) – 11/12/07 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has made a second
lien debt investment of $12 million in Qualitest Pharmaceuticals,
Inc., and affiliates (“Quali…