SFL - First Quarter 2019 Results - Seite 2

The last 12 months have been very active, and our strong liquidity position and balance sheet management supports continued growth in asset base and contracted charter backlog. We have been actively evaluating investment opportunities and expect to see new projects materialize later this year."

Dividends and Results for the Quarter ended March 31, 2019

The Board of Directors has declared a quarterly cash dividend of $0.35 per share. The dividend will be paid on or around June 28, to shareholders on record as of June 11, and the ex-dividend date on the New York Stock Exchange will be June 10, 2019.

May 21, 2019

The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda

The full report can be found in the link below and at the Company's website www.sflcorp.com.

Questions can be directed to SFL Management AS:

Investor and Analyst Contact
Aksel C. Olesen, Chief Financial Officer: [phone]
André Reppen, Senior Vice President: [phone]

Media Contact
Ole B. Hjertaker, Chief Executive Officer: [phone]

About SFL
Ship Finance International Limited (NYSE: SFL) has a unique track record in the maritime industry, being consistently profitable and paying dividends every quarter since 2004. The Company's fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore assets, and SFL's long term distribution capacity is supported by a portfolio of long term charters and significant growth in the asset base over time. More information can be found at the Company's website www.sflcorp.com.

Forward Looking Statements
This press release contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although SFL 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, SFL cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions.