HAMILTON, Bermuda, Aug. 17, 2007 (PRIME NEWSWIRE) — Ship Finance International Limited (“Ship Finance”) (NYSE:SFL) plans to release its financial results for the second quarter 2007 on Wednesday, August 22, 2007.
The Company plans to host a conference call and a webcast for all shareholders and interested parties on Wednesday, August 22, 2007 at 10:00 a.m. (EST) / 4:00 p.m. (Central European Time). Relevant material will be available to download from the Investor Relations section at www.shipfinance.org from Wednesday.
In order to listen to the presentation you may do one of the following:
Go to the Investor Relations section at www.shipfinance.org 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: U.S. Toll Free # 1-866-966-9444 International Dial In # +44 1452 552 510 Norwegian Toll Free # 800 193 95
The Conference ID is: 12483738
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 Wednesday, August 29, 2007 by dialing: U.S. Toll Free # 1-866-247-4222 International Dial In # +44 1452 550 000
The replay access code is: 12483738#
About Ship Finance
Ship Finance is a major ship owning company listed on the New York Stock Exchange (NYSE:SFL). Including newbuildings and announced acquisitions, Ship Finance has a fleet consisting of 71 vessels, including 37 crude oil tankers (VLCC and Suezmax), 8 oil/bulk/ore vessels, 13 container vessels, 3 dry bulk carriers, 2 jack-up drilling rigs and 5 offshore supply vessels and 3 seismic vessels. The fleet is one of the largest in the world with a total cargo capacity of more than 11 million dwt. and most of the vessels are employed on medium or long-term charters.
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.
CONTACT: Ship Finance International Limited +1 441 295 6935 Fax: +1 441 295 3494 http://www.shipfinance.bm/