PSEC – A Prospect Capital Fund

Prospect Capital Makes $35 Million Secured Debt Investment in Shearer’s

April 5, 2010

NEW YORK, NY – (MARKET WIRE) – 04/05/10 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that on March 31 Prospect
made a secured debt investment of $35 million in Shearer’s Foods, Inc.
(“Shearer’s&q…