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Fifth Street Finance Corp. Schedules Quarterly Earnings Release for the Period Ended December 31, 2009

WHITE PLAINS, N.Y., Jan. 28, 2010 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NYSE:FSC) (the "Fifth Street") announced today that it plans to report first quarter 2010 earnings before the financial markets open on Wednesday, February 10, 2010.

Fifth Street will hold a conference call at 10:00 am (Eastern Time) on Wednesday, February 10, 2010 to discuss the quarterly results. All interested parties are welcome to participate. You can access the conference call by dialing (888) 359-3613 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 February 12, 2010. To hear the replay, please dial (888) 203-1112 and reference passcode #3803046.

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 investments 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," "anticipates," 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 Fifth Street Finance Corp.’s 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.

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

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