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Sierra Income Corporation Schedules Investor Conference Call

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Sierra Income Corporation (the "Company") today announced that it will
release its financial results for the quarter ended March 31, 2019 after
the close of the financial markets on May 15, 2019.

The Company will host an investor update conference call and audio
webcast at 11:00 a.m. (Eastern Time) on Thursday, May 16, 2019.

All interested parties are urged to participate in the live investor
conference call via webcast through the Company's website, http://www.sierraincomecorp.com/newsroom.html.
Additionally, parties may participate in the conference call by dialing
(877) 498-8654 approximately 10-15 minutes prior to the call. Telephonic
participants should reference Sierra Income Corporation and the
conference identification number 7396248 when prompted. 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. Alternatively, the replay can
be accessed via phone by dialing (855) 859-2056 and using the conference
identification number 7396248 before the end of the day (11:59 PM
Eastern Time) on May 23, 2019.

About Sierra Income Corporation

Sierra is a non-traded business development company that invests
primarily in first lien senior secured debt, second lien secured debt
and, to a lesser extent, subordinated debt of middle market companies in
a broad range of industries with annual revenue between $50 million and
$1 billion. Sierra's investment objective is to generate current income,
and to a lesser extent, long-term capital appreciation. Sierra is
externally managed by SIC Advisors LLC, which is an investment adviser
registered under the Investment Advisers Act of 1940, as amended. For
additional information, please visit Sierra Income Corporation at www.sierraincomecorp.com.

About SIC Advisors LLC

SIC Advisors LLC is an affiliate of Medley Management Inc. (NYSE: MDLY,
"Medley"). Medley is an alternative asset management firm offering yield
solutions to retail and institutional investors. Medley's national
direct origination franchise is a premier provider of capital to the
middle market in the U.S. Medley has $4.7 billion of assets under
management in two business development companies, Medley Capital
Corporation (NYSE:MCC) (TASE: MCC) and Sierra Income Corporation, a
credit interval fund, Sierra Total Return Fund (NASDAQ:SRNTX) and
several private investment vehicles. Over the past 15 years, we have
provided capital to over 400 companies across 35 industries in North
America1. For additional information, please visit Medley
Management Inc. at www.mdly.com.

Medley LLC, the operating company of Medley Management Inc., has
outstanding bonds which trade on the New York Stock Exchange under the
symbols (NYSE:MDLX) and (NYSE:MDLQ). Medley Capital Corporation is
dual-listed on the New York Stock Exchange (NYSE:MCC) and the Tel Aviv
Stock Exchange (TASE: MCC) and has outstanding bonds which trade on both
the New York Stock Exchange under the symbols (NYSE:MCV), (NYSE:MCX) and
the Tel Aviv Stock Exchange under the symbol (TASE: MCC.B1).

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the federal securities laws and regulations. These
forward-looking statements are identified by their use of terms and
phrases such as "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "plan," "predict," "project,"
"should," "will" and other similar terms and phrases, including
references to assumptions and forecasts of future results.
Forward-looking statements are not guarantees of future performance and
involve known and unknown risks, uncertainties and other factors that
may cause the actual results to differ materially from those anticipated
at the time the forward-looking statements are made. Although Sierra
believes the expectations reflected in such forward-looking statements
are based upon reasonable assumptions, it can give no assurance that the
expectations will be attained or that any deviation will not be
material. Sierra undertakes no obligation to update any forward-looking
statement contained herein to conform the statement to actual results or
changes in Sierra's expectations.

This is not an offer or a solicitation of an offer to buy any
securities of Sierra Income Corporation. Such an offer can be made only
by means of a prospectus. A copy of the prospectus can be obtained by
visiting
www.sierraincomecorp.com. This
is a speculative security and as such, involves a high degree of risk.

1   Medley Management Inc. is the parent company of Medley LLC and
several registered investment advisers (collectively, "Medley").
Assets under management refers to assets of Medley funds, which
represents the sum of the net asset value of such funds, the drawn
and undrawn debt (at the fund level, including amounts subject to
restrictions) and uncalled committed capital (including commitments
to funds that have yet to commence their investment periods). Assets
under management are as of December 31, 2018.

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