SFL – Mandatory notification of trade

The Board of Directors of Ship Finance International Limited (the “Company”) has authorised the buy back of up to 2,000,000 of the Company’s common shares. In connection with this authorisation, the Company has, through market purchases executed November 18, 2004, bought back 197,400 of the Company’s common shares. The shares have been bought back at a price of USD 22.06.
Total number of outstanding shares after this is 75,328,427.
Hamilton, Bermuda
19 November, 2004
Contact person:
Tom E. Jebsen, +47 23 11 40 00