PSEC – A Prospect Capital Fund

Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call

May 7, 2008

NEW YORK, NY – (MARKET WIRE) – 05/07/08 – Prospect Capital Corporation
(NASDAQ: PSEC) (the “Company”) announced today that it expects to file
with the Securities and Exchange Commission its report on Form 10-Q
containing its third fiscal qu…