Fifth Street Asset Management Inc. (NasdaqGS:FSAM) is in discussions regarding a potential sale transaction regarding its BDC investment advisory business, which includes the management of Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp. No definitive agreement has been reached and there can be no assurance that any transaction will result from these discussions. FSAM does not intend to comment further at this time and any additional statements will be made if and when appropriate.