Blackstone Loan Regulatory News (BGLF)

FOR IMMEDIATE RELEASE

12 March 2021

Blackstone Loan Financing Limited

("the Company")

Share Repurchase Programme

At the Company's last annual general meeting on 16 July 2020 (the "AGM"), the Company's shareholders granted the Company a general buy back authority of up to 14.99% of the Company's issued share capital.

The Company has appointed its joint brokers Winterflood Investment Trusts and N+1 Singer Capital Markets Limited to manage a share repurchase programme (the "Share Repurchase Programme") to repurchase ordinary shares within certain pre-set parameters. The Share Repurchase Programme will commence today and will run until 26 May 2021.

Any shares purchased pursuant to the Share Repurchase Programme will count towards the Company's general buy back authority of 14.99% of the Company's issued share capital, as approved at the Company's AGM.

The information contained within this announcement constitutes inside information.

The person responsible for arranging for the release of this announcement on behalf of the Company is Melissa Le Cheminant of BNP Paribas Securities Services S.C.A., Jersey Branch, Company Secretary.

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