PSEC – A Prospect Capital Fund

Prospect Energy Corporation Provides Senior Secured Debt and Preferred Equity Financing to Whymore Coal Company

April 14, 2005

NEW YORK, NY – (MARKET WIRE) – 04/14/05 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has provided $4.9
million of senior secured debt and preferred equity financing to
Whymore Coal Company (“Whymore…