PSEC – A Prospect Capital Fund

Prospect Energy Corporation Announces Initial Public Offering of 7,000,000 Shares

July 29, 2004

New York, New York July 29, 2004 (Market Wire) Prospect Energy
Corporation (PSEC) announced that it priced its initial public
offering of 7,000,000 shares of common stock at $15.00 per share,
raising $105 million in gross proceeds. The shares are exp…