Ship Finance International Limited — Invitation to Presentation of Q2 2006 Results

HAMILTON, Bermuda, Aug. 18, 2006 (PRIMEZONE) — Ship Finance International’s Second Quarter 2006 results will be released on Tuesday August 22, 2006. In connection with this a teleconference / webcast will be held as described below:

Teleconference and Webcast

A conference call will be held at 04:45 P.M. CET (Norwegian time) on Tuesday August 22, 2006. The presentation will be available to download from the Investor Relations section at www.shipfinance.bm (go to “Presentations”) from Tuesday 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

Call at +47 23 00 04 00, or if calling from Norway, free of charge at 800 80 119. Tell the operator you wish to participate in the Ship Finance 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) or listen to a playback by:



 Dial + 47 67 89 40 91

 Account no: 1267 followed by # (pound-sign) press 1 conference no: 267
 Followed by # (pound-sign) press 1 to play

 Best regards
 Marius Tryland
CONTACT:  Ship Finance Management AS
          Lars Solbakken, Chief Executive Officer
          +47 23 11 40 00