PSEC – A Prospect Capital Fund

Prospect Energy Corporation Announces Appointment of Officers and Approval of BDO Seidman Engagement

January 10, 2005

NEW YORK, NY – (MARKET WIRE) – 01/10/05 – Prospect Energy Corporation
(NASDAQ: PSEC) (the “Company”) announced today that it has expanded
its professional team to enhance its financial and compliance
capabilities, that KPMG LLP (“KPMG&…