Directorate Change

8 January 2019

Blackstone / GSO Loan Financing Limited (the "Company")

Appointment of a New Non-Executive Director

The Company is pleased to announce that Mr Mark Moffat has been appointed as a non-executive director with effect from 8 January 2019.

Mark has been involved in the structuring, managing and investing in CLOs for over 20 years. Mark resigned from GSO Capital Partners LP ("GSO"), part of the credit businesses of The Blackstone Group L.P. and an affiliate of the Company's Portfolio Adviser, in early 2015 to pursue other interests.

Whilst at GSO, Mark was a Senior Managing Director, Co-Head of the European activities of GSO's Customized Credit Strategies division, and the portfolio manager responsible for funds investing in structured credit, including Carador Income Fund PLC (LSE: CIFU LN). Mark joined GSO in January 2012 following GSO's acquisition of Harbourmaster Capital Management Limited, where he was co-head. Prior to joining Harbourmaster in 2007, Mark was a Senior Managing Director at Bear Stearns, Head of European Debt and Equity Capital Markets and Head of the European CDO business. Whilst at Bear Stearns, Mark led the successful development of the European CDO business over a seven-year period, during which the business was a leader in the securitisation of leveraged loans, asset backed securities, and credit default swaps in Europe. He also sat on the leveraged loan and asset backed securities warehouse committees at Bear Stearns. Prior to Bear Stearns, Mark held similar roles at ABN AMRO where he was global head of CLOs and at Greenwich NatWest, where he was a Director in the Principal Finance Team.

The Board does not consider Mark to be an independent director due to his recent employment with GSO. However, the Board believes that his knowledge and experience will be a valuable addition to the Board.

There are no matters in respect of Mr Moffat requiring disclosure under paragraphs 9.6.13 (1) to (6) of the Listing Rules.

Contacts:

BNP Paribas

Melissa Le Cheminant/Siobhan Lavery 01534 813873 / 709181

Fidante Capital

John Armstrong-Denby/Nick Donovan 020 7832 0900

N+1 Singer Advisory LLP

David Floyd/James Maxwell 07785 938 065 / 02074 963056