SFL – Second Amendment of Date for Teleconference With Regards to Q1 2006 Results

HAMILTON, Bermuda, May 24, 2006 (PRIMEZONE) — We refer to the press releases issued on Friday May 19 and Monday May 22 with regards to the release of Ship Finance International’s First Quarter 2006 results. Due to Monday May 29 being a Bank Holiday in the UK and the US, the teleconference / webcast scheduled to be held that day will be postponed until Tuesday May 30 at 3:00 P.M. CET (Norwegian time).

Please be aware that the Q1 2006 results will still be published by press release on Friday May 26, 2006.

Teleconference and Webcast

A conference call will be held at 3:00 P.M. CET (Norwegian time) on Tuesday May 30, 2006. The presentation will be available to download from the Investor Relations section at www.shipfinance.bm (go to “Presentations”) from Monday morning.

To listen you may do one of the following:


 a. Webcast 
    Go to the Investor Relations section at www.shipfinance.bm 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. Teleconference 
    Use the following dial-in numbers, depending on your location.

 Location                Dial In Number
 France, Paris           +33 (0) 1 70 99 32 08
 Germany, Frankfurt      +49 (0) 69 589 990 507
 Netherlands, Amsterdam  +31 (0) 20 796 5008
 Belgium, Brussels       +32 (0) 2290 1407
 Spain, Madrid           +34 917 889507
 Italy, Milan            +39 02 30350 9003
 Sweden, Stockholm       +46 (0) 8 505 20 110
 Denmark, Copenhagen     +45 32 71 46 07
 Switzerland, Geneva     +41 (0) 22 592 7007
 Ireland, Dublin         +353 (0) 1 436 4106
 Finland, Helsinki       +358 (0) 9 2313 9201
 Portugal, Lisbon        +351 211 201 731
 Austria, Vienna         +43 (0) 268 2205 6292
 Norway, Oslo            +47 2156 3120
 US                      +1 334 323 6201
 UK                      +44 207 162 0025

Tell the operator you wish to participate in the Ship Finance or SFL conference call.

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.

Please download the presentation material from www.shipfinance.bm to view it while listening to the conference.

If you are not able to participate at the time of the call, you can either listen to a replay of the conference call on www.shipfinance.bm (Investor Relations).

Kind regards, Cathrine Fosse

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