PSEC – A Prospect Capital Fund

Prospect Energy Corporation Announces Release of Segregated Funds

December 5, 2005

NEW YORK, NY – (MARKET WIRE) – 12/05/05 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that Citibank Texas, N.A.
(“Citibank”) has released the $9.6 million of cash that Citibank had
previously required b…