PSEC – A Prospect Capital Fund

Prospect Capital Makes Senior Secured Debt and Equity Investment in Great Point Partners Portfolio Company

August 26, 2008

NEW YORK, NY – (MARKET WIRE) – 08/26/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it led a senior
secured debt financing and co-invested alongside Great Point Partners,
LLC (“Great Point”) in …