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Ship Finance International Limited — Tax Treatment For 2005 Dividends

HAMILTON, Bermuda, March 21, 2006 (PRIMEZONE) — Ship Finance has posted a memo related to each cash dividend done in 2005.

To access use the following link:

http://www.shipfinance.bm/IR/tax_treatment.shtml

CONTACT: Ship Finance International Ltd.
Tel: +1 441 295 6935
Fax: +1 441 295 3494
http://www.shipfinance.bm/