PSEC – A Prospect Capital Fund

Prospect Energy Corporation Provides Financing to Unity Virginia Holdings

February 1, 2005

NEW YORK, NY – (MARKET WIRE) – 02/01/05 – Prospect Energy Corporation
(NASDAQ: PSEC) announced today that it has provided $3,900,000 in
financing to Unity Virginia Holdings LLC (“UVH”). The financing is
comprised of two facilities – $3,315,…