Announcement of Dividend

20 April 2011

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 first quarter of 2011. The dividend will be payable to shareholders on the register on 6 May 2011 and will be payable on 27 May 2011.

Contacts:

Geoffrey Miller

Greenwich Loan Income Fund Limited

+353 1 4433 466

Patrick ConroyGreenwich 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