PSEC – A Prospect Capital Fund

Prospect Provides Acquisition Financing to C&J Cladding

April 2, 2007

NEW YORK, NY – (MARKET WIRE) – 04/02/07 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has provided
acquisition financing of $6 million to support the purchase of C&J
Cladding, LLC (“C&J”…