PSEC – A Prospect Capital Fund

Prospect Capital Provides Growth and Recapitalization Financing to Deep Down

August 9, 2007

NEW YORK, NY – (MARKET WIRE) – 08/09/07 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has provided
growth and recapitalization financing of approximately $6.0 million to
Deep Down, Inc. (“Deep Down&…