PSEC – A Prospect Capital Fund

Prospect Energy Corporation Enters Into Initial Revolving Credit Facility

February 21, 2006

NEW YORK, NY – (MARKET WIRE) – 02/21/06 – Prospect Energy Corporation
(NASDAQ: PSEC) announced today that it has entered into an initial
revolving credit facility (the “Facility”) with Bank of Montreal as
administrative agent and Harris Nes…