Dealing by Investment Manager

1 February 2010

Greenwich Loan Income Fund Limited

 ("GLIF" or the "Company")

 Dealing by Investment Manager

On 27 January 2010 the Company was notified that Saul Rosenthal, an officer of T2 Advisers, LLC, the Company's Investment Manager, disposed of 58,000 ordinary shares for nil consideration as part of a donation to charitable causes. 

As a result of this transaction, Mr Rosenthal's holding is now 792,000 ordinary shares, representing 0.91% of the Company's issued share capital.

In addition, Mr Rosenthal, Mr Jonathan Cohen, Mr Patrick Conroy and Mr Darryl Monasebian, the senior management of T2 Advisers, LLC, all have material interests in Oxford Gate Capital LLC, which itself owns 250,000 ordinary shares in the Company.

For further information, please contact:

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 Corporate Finance

+44 (0) 20 7383 5100

Jos Trusted

Singer Capital Markets Limited

+44 (0) 20 3205 7622

Ed Gascoigne Pees

Financial Dynamics

+44 (0) 20 7269 7132