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SFL - Invitation to Presentation of 3Q 2012 Results

HAMILTON, BERMUDA -- (Marketwire) -- 11/23/12 -- Ship Finance International Limited ("Ship Finance") (NYSE: SFL) plans to release its preliminary financial results for third quarter 2012 on Thursday November 29, 2012.

The Company plans to host a conference call and a webcast for all shareholders and interested parties on Thursday November 29, 2012 at 10:00 AM (EST) / 4:00 PM (Central European Time). Relevant material will be available from the Investor Relations section at www.shipfinance.org 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 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:

 US Toll Free #                      1-877-280-2296

 International Dial In #             +44 20 3364 5381

 Norwegian Toll Free #               80056053

 Conference ID:                      9014745

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 December 6, 2012 by dialing:

 US Toll Free #                      1-866-932-5017

 International Dial In #             +44 20 3427 0598

 The replay access code is:          9014745#

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 67 vessels, including 25 crude oil tankers (VLCC and Suezmax), two chemical tankers, two oil/bulk/ore vessels, 11 drybulk carriers including one newbuilding, 15 container vessels including four newbuildings, six offshore supply vessels, one jack-up drilling rig, one ultra-deepwater drillship, two ultra-deepwater semi-submersible drilling rigs and two car carriers. The fleet is one of the largest in the world and most of the vessels are employed on 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 worldwide 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.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: Ship Finance International Limited via Thomson Reuters ONE

[HUG#1660386]


Investor and Analyst Contacts:
Harald Gurvin
Chief Financial Officer
Ship Finance Management AS
+47 23114009

Magnus T. Valeberg
Senior Vice President
Ship Finance Management AS
+47 23114012

Media Contact:
Ole B. Hjertaker
Chief Executive Officer
Ship Finance Management AS
+47 23114011

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