PSEC – A Prospect Capital Fund

Prospect Energy Corporation Increases Quarterly Dividend to $0.34 per Share, Representing 127% Year Over Year Growth

June 14, 2006

NEW YORK, NY – (MARKET WIRE) – 06/14/06 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has declared a
fourth fiscal quarter (for the fiscal year ending June 30, 2006)
dividend of $0.34 per share, payable o…