Press Release

Prospect Energy Corporation Makes Senior Secured Debt Investment in Cypress Consulting Services, Inc.

NEW YORK, NY - (MARKET WIRE) - 09/07/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has made a $4.3 million senior secured investment in Cypress

Prospect Energy Corporation Sponsors Buyout of NRG Manufacturing, Inc., as Sole Source Capital Solution

NEW YORK, NY - (MARKET WIRE) - 09/05/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has acquired a controlling equity interest in and has provided

Prospect Energy Corporation Closes Public Offering of Common Stock Including Over-Allotment Option

NEW YORK, NY - (MARKET WIRE) - 08/28/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced that it has completed a public offering of 5,716,650 shares of common stock

Prospect Energy Corporation Prices Public Offering of Common Stock

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

Prospect Energy Corporation Increases Quarterly Dividend to $0.38 per Share, Representing 90% Year Over Year Growth

NEW YORK, NY - (MARKET WIRE) - 07/31/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has declared a first fiscal quarter (for the fiscal year

Prospect Energy Corporation Closes Larger $50 Million Revolving Credit Facility

NEW YORK, NY - (MARKET WIRE) - 07/26/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has closed a $50 million revolving credit facility (the "Facility")

William J. Gremp Joins Prospect Energy Corporation’s Board of Directors

NEW YORK, NY - (MARKET WIRE) - 07/20/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that William J. Gremp has joined Prospect's Board of Directors. "We are

Prospect Energy Corporation Increases Quarterly Dividend to $0.34 per Share, Representing 127% Year Over Year Growth

NEW YORK, NY - (MARKET WIRE) - 06/14/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that it has declared a fourth fiscal quarter (for the fiscal year

Prospect Energy Corporation Provides Business Updates

NEW YORK, NY - (MARKET WIRE) - 05/22/06 - Prospect Energy Corporation (NASDAQ: PSEC) ("Prospect") announced today that Vastardis Compliance Services ("Vastardis Compliance") has informed Prospect that Vastardis Compliance

Prospect Energy Corporation Expands Credit Facility

NEW YORK, NY - (MARKET WIRE) - 05/11/06 - Prospect Energy Corporation (NASDAQ: PSEC), ("Prospect") announced today that it has increased its existing revolving credit facility (the "Facility") to