SFL – Invitation to Presentation of 4Q 2009 Results

Ship Finance International Limited (“Ship Finance”) (NYSE: SFL) plans to release its financial results for fourth quarter 2009 on Friday February 26, 2010.


The Company plans to host a conference call and a webcast for all shareholders and interested parties on Friday February 26, 2010 at 10:30 AM (EST) / 4:30 PM (Central European Time). Relevant material will be available from the Investor Relations section at Hwww.shipfinance.orgH as of the same day.


In order to listen to the presentation you may do one of the following:


a. Webcast

Go to the Investor Relations section at Hwww.shipfinance.orgH and click on the link to “Webcast”. To listen to the conference call from the web, you need to have installed Windows Media Player, and you need to have a sound card on your computer.


b. Conference Call

Participants dial in numbers:

US Toll Free #


International Dial In #           

+44 207 806 1951

Norwegian Toll Free #

800 19640



Conference ID:




There will be a Q&A session after the presentation. Information on how to ask questions will be given at the beginning of the Q&A session.


A replay of the conference call will be available until March 5, 2010, Midnight by dialing:

US Toll Free #


International Dial In #           

+44 207 111 1244



The replay access code is:




Contact Persons:

Ole B. Hjertaker: Chief Executive Officer, Ship Finance Management AS

+47 2311 4011 / +47 9014 1243


Magnus T. Valeberg: Vice President, Ship Finance Management AS

+47 2311 4012 / +47 9344 0960




About Ship Finance

Ship Finance is a major ship owning company listed on the New York Stock Exchange (NYSE: SFL). Including newbuildings, the Company has a fleet of 66 vessels, including 32 crude oil tankers (VLCC and Suezmax), two chemical tankers, eight oil/bulk/ore vessels, one dry-bulk carrier, 13 container vessels, six offshore supply vessels, one jack-up drilling rig and three ultra-deepwater drilling units. The fleet is one of the largest in the world and most of the vessels are employed on long-term charters. The Company has declared a cash dividend for 23 consecutive quarters.


More information can be found on the Company’s website: www.shipfinance.org



Cautionary Statement Regarding Forward Looking Statements

This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including Ship Finance management’s examination of historical operating trends. Although Ship Finance believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, Ship Finance cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.


Important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in this presentation include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC’s petroleum production levels and world wide oil consumption and storage, changes in the Company’s operating expenses including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission.