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SFL - 2013 Annual General Meeting

HAMILTON, Bermuda, Sept. 23, 2013 (GLOBE NEWSWIRE) --
Ship Finance International Limited (the "Company") advises that the 2013 Annual
General Meeting of the Company was held on September 20, 2013 at 12:00 Noon at
the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda.  The following
resolutions were passed:

1)   To re-elect Hans Petter Aas as a Director of the Company.

2)   To re-elect Paul Leand, Jr., as a Director of the Company.

3)   To re-elect Kate Blankenship as a Director of the Company.

4)   To re-elect Cecilie Fredriksen as a Director of the Company.

5)   To re-elect Harald Thorstein as a Director of the Company.

6)   To amend the Company's Bye-laws Nos. 52 (a), 81, 85, 98, 99, 100, 101 (a),
105 and 106.

7)   To re-appoint Moore Stephens, P.C. as auditors and to authorize the
Directors to determine their remuneration.

8)   That the remuneration payable to the Company's Board of Directors of a
total  amount of fees not to exceed US$550,000.00 be approved for the year ended
 December 31, 2013.

In addition, the audited consolidated financial statements for Ship Finance
International Limited for the year ended December 31, 2012 were presented to the

Hamilton, Bermuda
September 20, 2013

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 70
vessels, including 24 crude oil tankers (VLCC and Suezmax), two chemical
tankers, 12 drybulk carriers, 19 container vessels (including eight
newbuildings), two car carriers, six offshore supply vessels, two jack-up
drilling rigs (including one newbuilding), two ultra-deepwater semi-submersible
drilling rigs and one ultra-deepwater drillship. 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:

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.


CONTACT: Georgina Sousa
         Par-la-Ville Place
         14 Par-la-Ville Road
         Hamilton, HM 08, Bermuda
         Tel: +1(441)295-9500
         Fax: +1(441)295-3494

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