PSEC – A Prospect Capital Fund

Prospect Energy Corporation Expands Credit Facility

May 11, 2006

NEW YORK, NY – (MARKET WIRE) – 05/11/06 – Prospect Energy Corporation
(NASDAQ: PSEC), (“Prospect”) announced today that it has increased its
existing revolving credit facility (the “Facility”) to $30 million.
Bank of Montreal serv…