SFL - Invitation to Presentation of 2Q 2011 Results

Ship Finance International Limited ("Ship Finance") (NYSE: SFL) plans to
release
its preliminary financial results for second quarter 2011 on Thursday
August
25, 2011.

Norwegian Toll Free # 800 56 054Conference ID: 5301014The Company plans to host a conference call and a webcast for all
shareholders
and interested parties on Thursday August 25, 2011 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.Contacts: Jean-Sebastien Lavallee, P.Geo. President and Chief Executive Officer 819-354-5146 president@cecorp.ca Paradox Public Relations 514-341-0408International Dial In # 44 203 364 5381International Dial In # 44 207 111 1244There 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.Critical Elements has commissioned a prefeasibility study for the project from Genivar, one of the largest independent engineering firms in Canada. Genivar is also doing an environmental study, and Acme Metallurgical Ltd. of Vancouver is carrying out project metallurgy.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 73
vessels, including 28 crude oil tankers (VLCC and Suezmax), two chemical
tankers, six oil/bulk/ore vessels, 11 drybulk carriers including eight
newbuildings, 15 container vessels, six offshore supply vessels, one jack-
up
drilling rigs, one ultra-deepwater drillship and two ultra-deepwater semi-
submersible drilling rigs. 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.orgResults from the metallurgical testing program for the treatment of the Rose Deposit were provided by Acme Metallurgical Limited of Vancouver.b. Conference Call
Participants dial in numbers: US Toll Free # 1-877-249-9037The tests were carried out on a composite from mineralized drill cores from sections 0 60 W to 4 80 E which were encountered above a depth of 100 metres from surface, as of January 2011, thus providing a highly representative composite of the material to be mined within the first /-8 years of operation. These were the drill holes available at the time that the metallurgical program was initiated.Investor and Analyst Contacts: Eirik Eide Chief Financial Officer Ship Finance Management AS 47 23114006 / 47 95008921 Magnus T. Valeberg Vice President Ship Finance Management AS 47 23114012 / 47 93440960 Media Contact: Ole B. Hjertaker Chief Executive Officer Ship Finance Management AS 47 23114011 / 47 90141243Critical Elements is actively developing its 100%-owned Rose lithium-tantalum flagship project located in Quebec. The project hosts a current new NI 43-101 compliant Indicated resource of 26.5 million tonnes of 1.30% Li(2)O Eq. or 0.98% Li(2)O and 163 ppm Ta(2)O(5) and Inferred resource of 10.7 million tonnes of 1.14% Li(2)O Eq. or 0.86% Li(2)O and 145 ppm Ta(2)O(5).The grind size required is coarse at 0.265 mm (265 micrometers) for full liberation of the spodumene and tantalite. An extensive program of kinetic flotation determined the best combination of operating conditions, repeatability of results and simplicity of processing using a flotation reagents combination of FA-2 (fatty acid) and other industrial chemicals.The grades obtained in the concentrate, including for all other contained elements, are in the normal range for the production of lithium chemicals by the common processes used industrially (Li(2)CO3, LiOH or LiF).Jean-Sebastien Lavallee (OGQ #773), geologist, shareholder and president and chief executive officer by interim of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

Investor and Analyst Contacts: Eirik Eide Chief Financial Officer Ship Finance Management AS 47 23114006 / 47 95008921 Magnus T. Valeberg Vice President Ship Finance Management AS 47 23114012 / 47 93440960 Media Contact: Ole B. Hjertaker Chief Executive Officer Ship Finance Management AS 47 23114011 / 47 90141243