[July 29, 2014]

Sierra Income Corporation Schedules Investor Conference Call

Sierra Income Corporation (the "Company"), today announced that it will release its financial results for the quarter ended June 30, 2014 on August 6, 2014 after the close of the financial markets.

The Company will host an investor update conference call and audio webcast at 11:00 a.m. (Eastern Time) on Thursday, August 7, 2014.

All interested parties may participate in the conference call by dialing (877) 546-5020 approximately 10-15 minutes prior to the call. Participants should reference Sierra Income Corporation and the participant passcode of 59978380 when prompted. To listen to the live call via webcast, please go to the Company's website, http://www.sierraincomecorp.com/nesroom.html, at least 15 minutes prior to the start of the call to register and download any necessary audio software. For a period of 30 days following the call you may access a replay of the event via audio webcast from the Company's' website or by dialing (888) 286-8010 and using passcode 20566570 before the end of the day (11:59 PM Eastern Time) on August 14, 2014.

About Sierra Income Corporation

Sierra is a non-traded, externally managed, non-diversified closed end management Investment Company that has filed an election to be treated as a business development company under the Investment Company Act of 1940, as amended. The Company's investment objective is to generate current income, and to a lesser extent, long-term capital appreciation. The Company invests primarily in senior secured debt, second lien debt and, to a lesser extent, subordinated debt of U.S. small and middle market companies with enterprise values ranging from approximately $50 million to $4 billion. Sierra's investment activities are managed by its investment adviser, SIC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

About SIC Advisors LLC

SIC Advisors LLC, an affiliate of Medley LLC ("Medley"), is a registered investment adviser under the Investment Advisers Act of 1940, as amended. Medley specializes in credit investing, including direct private lending and corporate credit related strategies and provides first lien, second lien and unitranche term loans to lower middle-market and middle-market companies with an investment size between $7 and 50 million. Medley supports acquisition and growth financings, leveraged buyouts, management buyouts, bank debt restructurings, CAPEX, Chapter 11 exit financing and DIP financing. Medley is headquartered in New York with offices in San Francisco.

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