PSEC – A Prospect Capital Fund

Prospect Energy Corporation Schedules First Fiscal Quarter 2006 Earnings Release and Conference Call

October 28, 2005

NEW YORK, NY – (MARKET WIRE) – 10/28/05 – Prospect Energy Corporation
(NASDAQ: PSEC) (the “Company”) announced today that it will report its
first fiscal quarter 2006 results for the period ended September 30,
2005, on Wednesday, November 9…