PSEC – A Prospect Capital Fund

Prospect Capital Suspends ATM Equity Issuance, Updates 5.1% Energy Industry Exposure, Updates Credit Statistics, and Declares 79th, 80th, and 81st Consecutive Cash Dividends to Shareholders, Exceeding $1.5 Billion in Cumulative Dividends to Shareholders Since 2004

December 8, 2014

NEW YORK, NY – (Marketwired) – 12/08/14 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) made several announcements today. EQUITY
ISSUANCE SUSPENDED In light of current share price levels, Prospect
has suspended at-the-market equi…