Fifth Street Finance Corp. Schedules Quarterly Earnings Release for the Period Ended...

Fifth Street Finance Corp. Schedules Quarterly Earnings Release for the Period
Ended June 30, 2009

WHITE PLAINS, N.Y., July 30, 2009 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp.
(NYSE:FSC) (the "Company") announced today that the Company plans to report
earnings before the financial markets open on Thursday, August 6, 2009.

The Company will also hold a conference call at 9:00 am (Eastern Time) on
Thursday, August 6, 2009 to discuss the quarterly results. All interested
parties are welcome to participate. You can access the conference call by
dialing (877) 419-6592 approximately 5-10 minutes prior to the call. All callers
should reference Fifth Street Finance Corp.

An archived replay of the call will be available two hours after the call and
will be available through August 8, 2009. To hear the replay, please dial (888)
203-1112 and reference passcode # 1127246.

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 in connection with an investment 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," 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 our 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.

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CONTACT: Fifth Street Finance Corp.
Stacey Thorne, VP, Investor Relations
(914) 286-6811
stacey@fifthstreetcap.com