21 October 2010

Greenwich Loan Income Fund Limited ("GLIF" or the "Company")

Announcement of Dividend

The Directors of GLIF have today declared a dividend of 1p per share for the third quarter of 2010. The dividend will be payable to shareholders on the register on 29 October 2010 and will be payable on 19 November 2010.

Contacts:

Geoffrey Miller

Greenwich Loan Income Fund Limited

+353 1 4433 466

Patrick Conroy
Greenwich Loan Income Fund Limited
+1 203 983 5282

Philip Secrett

Nominated Adviser

Grant Thornton UK LLP

+44 (0) 20 7383 5100

James Maxwell

Singer Capital Markets Limited

+44 (0) 20 3205 7622

Ed Gascoigne Pees

Financial Dynamics

+44 (0) 20 7269 7132