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Global Ship Lease To Hold Investor Conference Call To Discuss New Capital Structure

GSL

LONDON, March 17, 2014 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today that it will hold a conference call on Tuesday, March 18, 2014 at 10:00 a.m. Eastern Time to discuss the Company's new capital structure following the consummation of its $420,000,000 aggregate principal amount of 10.000% First Priority Secured Notes due 2019.

When: Tuesday, March 18, 2014 at 10:00 a.m. Eastern Time
   
Where: There are two ways to access the conference call:
   
  Dial-in: (877) 280-2342 or (646) 254-3362; Passcode: 8151990
  Please dial in at least 10 minutes prior to 10:00 a.m. Eastern Time to ensure a prompt start to the call.
   
  Live Internet webcast and slide presentation:
  http://www.globalshiplease.com

If you are unable to participate at this time, a replay of the call will be available through Tuesday, April 1, 2014 at (866) 932-5017 or (347) 366-9565. Enter the code 8151990 to access the audio replay. The webcast will also be archived on the Company's website:

http://www.globalshiplease.com

About Global Ship Lease

Global Ship Lease is a containership charter owner. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under long-term, fixed rate charters to top tier container liner companies.

Global Ship Lease owns 17 vessels with a total capacity of 66,349 TEU with an average age, weighted by TEU capacity, at December 31, 2013 of 9.8 years. All of the current vessels are fixed on charters to CMA CGM with an average remaining term of 6.5 years on a weighted basis, or 7.3 years excluding the two vessels whose charters expire shortly.

CONTACT: Investor and Media Contact:
         The IGB Group
         Bryan Degnan
         646-673-9701
         or
         Leon Berman
         212-477-8438


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