PSEC – A Prospect Capital Fund

Prospect Energy Corporation Makes Senior Debt Investment in Charlevoix Energy Trading, LLC

April 20, 2006

NEW YORK – (MARKET WIRE) – 04/20/06 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has made a $5.5
million senior debt investment in Charlevoix Energy Trading, LLC
(“Charlevoix”), a natural gas m…