Fifth Street Finance Corp. Schedules Quarterly Earnings Release for the Period Ended June 30, 2014

Fifth Street Finance Corp. Schedules Quarterly Earnings Release for the Period
Ended June 30, 2014

GREENWICH, CT, July 15, 2014 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp.
(NASDAQ:FSC) ("FSC") announced today that it plans to report earnings for the
period ended June 30, 2014 before the financial markets open in New York on
Thursday, August 7, 2014.

FSC will hold a conference call at 11:00 a.m. (Eastern Time) on Thursday,
August 7, 2014 to discuss its quarterly financial results. All interested
parties are welcome to participate. Domestic callers can access the
conference call by dialing (877) 703-6109. International callers can access
the conference call by dialing +1 (857) 244-7308. All callers will need to
enter the Participant Passcode Number 50750501 and reference "Fifth Street
Finance Corp." after being connected with the operator. All callers are asked
to dial in 10-15 minutes prior to the call so that name and company
information can be collected. An archived replay of the call will be
available approximately four hours after the end of the conference call and
will be available through August 14, 2014 to domestic callers by dialing (888)
286-8010 and to international callers by dialing +1 (617) 801-6888. For all
replays, please reference Passcode Number 49850735. An archived replay will
also be available online on the "Investor Relations" section of FSC's website
under the "News & Events – Calendar of Events" section.FSC's website can be
accessed at fsc.fifthstreetfinance.com.

About Fifth Street Finance Corp.

Fifth Street Finance Corp. is a leading specialty finance company that
provides custom-tailored financing solutions to mid-sized companies, primarily
in connection with investments by private equity sponsors. The company
originates and invests in one-stop financings, first lien, second lien,
mezzanine debt and equity co-investments. FSC'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
company has elected to be regulated as a business development company and is
externally managed by Fifth Street Management LLC, an SEC-registered
investment adviser and leading alternative asset manager with $5 billion in
assets under management. With a track record of more than 16 years, Fifth
Street's nationally recognized platform has the ability to hold loans up to
$150 million, commit up to $250 million and structure and syndicate
transactions up to $500 million. Fifth Street Management received the 2014
ACG New York Champion's Award for "Senior Lender Firm of the Year" and was
named both 2013 "Lender Firm of the Year" by The M&A Advisor and "Lender of
the Year" by Mergers & Acquisitions.FSC's website can be found at
fsc.fifthstreetfinance.com.

Forward-Looking Statements

This press release may contain certain forward-looking statements, including
statements with regard to the future performance of the company.Words such as
"believes," "expects," "estimates," "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 the
company's filings with the Securities and Exchange Commission.The company
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.

CONTACT: Investor Contact:
         Dean Choksi, Executive Director of Finance
         & Head of Investor Relations
         (914) 286-6855
         dchoksi@fifthstreetfinance.com
        
         Media Contact:
         Nick Rust
         Prosek Partners
         (212) 279-3115 ext. 252
         pro-fifthstreet@prosek.com

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