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Fifth Street Finance Corp. Schedules Quarterly And Fiscal Year-End Earnings Release For The Period Ended September 30, 2012

WHITE PLAINS, N.Y., Oct. 22, 2012 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (Nasdaq:FSC) ("Fifth Street") announced today that it plans to report earnings for the fourth quarter and 2012 fiscal year-end after the financial markets close on Wednesday, November 28, 2012.

Fifth Street will hold a conference call at 10:00 am (Eastern Time) on Thursday, November 29, 2012 to discuss its quarterly and fiscal year-end financial results. All interested parties are welcome to participate.  Domestic callers can access the conference call by dialing (800) 299-8538.  International callers can access the conference call by dialing +1 (617) 786-2902.  All callers will need to enter the Participant Passcode Number 49943198 and reference "Fifth Street Finance Corp." after being connected with the operator.  All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected.  An archived replay of the call will be available approximately three hours after the end of the conference call and will be available through December 6, 2012 to domestic callers by dialing (888) 286-8010 and to international callers by dialing +1 (617) 801-6888.  For all replays, please reference Passcode Number 67676007.  An archived replay will also be available on a link located on the News & Events/Presentations page of the "For Investors" section of Fifth Street's website, www.fifthstreetfinance.com

About Fifth Street Finance Corp.

Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and mid-sized companies, primarily in connection with investments by private equity sponsors. Fifth Street Finance Corp.'s investment objective is to maximize its portfolio's total return by generating current income from its debt investments and capital appreciation from its equity investments.

The Fifth Street Finance Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5525

Forward-Looking Statements

This press release may contain certain forward-looking statements, including statements with regard to the future performance of Fifth Street Finance Corp. Words such as "believes," "expects," "projects," "anticipates," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and these factors are identified from time to time in Fifth Street Finance Corp.'s filings with the Securities and Exchange Commission. Fifth Street Finance Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Investor Contact:
         Dean Choksi
         SVP of Finance & Head of Investor Relations
         Fifth Street Finance Corp.
         (914) 286-6855
         dchoksi@fifthstreetfinance.com
         
         Media Contact:
         Steve Bodakowski
         Prosek Partners
         (203) 254-1300 ext. 141
         pro-fifthstreet@prosek.com

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