PSEC – A Prospect Capital Fund

Prospect Energy Corporation Announces Repayment of Investment in Cypress Consulting Services, Inc.

February 12, 2007

NEW YORK, NY – (MARKET WIRE) – 02/12/07 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it expects repayment
of, and a gain on, Prospect’s $4.3 million debt investment in Cypress
Consulting Services, Inc….