PSEC – A Prospect Capital Fund

Prospect Energy Corporation Announces Financial Results for Fiscal Year Ended June 30, 2005, Dividend of $0.20 Per Share for First Quarter and Additional Investment into Stryker Energy II, LLC

September 15, 2005

NEW YORK, NY – (MARKET WIRE) – 09/15/05 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect Energy,” “the Company” or “we”) today
announced financial results for its fourth fiscal quarter and first
fiscal year ended …