PSEC – A Prospect Capital Fund

Prospect Energy Corporation Prices Public Offering of Common Stock

August 10, 2006

NEW YORK, NY – (MARKET WIRE) – 08/10/06 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced that it priced a public offering
of 4,971,000 shares of common stock at $15.30 per share, raising
$76,056,300 in gross proceeds. Pro…