Dealing by Investment Manager

31 May 2011

Greenwich Loan Income Fund Limited

 ("GLIF" or the "Company")

 Dealing by Investment Manager

On 27 May 2011 the Company was notified that Saul Rosenthal, an officer of T2 Advisers, LLC, the Company's Investment Manager, disposed of 36,000 ordinary shares for nil consideration as a donation to charitable causes. 

As a result of this transaction, Mr Rosenthal's holding is now 756,000 ordinary shares, representing 0.87% 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:

Geoffrey MillerGreenwich 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 MaxwellSinger Capital Markets Limited+44 (0) 20 3205 7650

Ed Gascoigne Pees

Financial Dynamics+44 (0) 20 7269 7132