Global Ship Lease Announces Second Quarter 2009 Earnings Release, Conference Call and Webcast

Jul 20, 2009

LONDON, ENGLAND--(Marketwire - July 20, 2009) - Global Ship Lease, Inc. (NYSE:GSL)(NYSE:GSL.U)(NYSE:GSL.WS), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2009 on Monday, August 10, 2009 at 10:30 a.m. Eastern Time. The Company will issue financial results for the second quarter ended June 30, 2009 on Monday, August 10, 2009 before the open of market trading.

What: Second Quarter 2009 Conference Call and Webcast
When: Monday, August 10, 2009 at 10:30 a.m. Eastern Time

There are two ways to access the conference call:

Dial-in: (877) 741-4249 or (719) 325-4817; Passcode: 3471820
Please dial in at least 10 minutes prior to 10:30 a.m. Eastern
Time to ensure a prompt start to the call.

Live Internet webcast and slide presentation:

If you are unable to participate at this time, a replay of the call will be available through Monday, August 24, 2009 at (888) 203-1112 or (719) 457-0820. Enter the code 3471820 to access the audio replay. The webcast will also be archived on the Company's website:

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 world class container liner companies.

Global Ship Lease currently owns 16 vessels and has contracted to purchase an additional three vessels. The Company has a contract in place to acquire an additional vessel for $82 million from CMA CGM, which is scheduled to be purchased in July of 2009 and also has contracts in place to purchase two newbuildings from German interests for approximately $77 million each which are scheduled to be delivered in the fourth quarter of 2010.

Once all of the contracted vessels have been delivered by the end of 2010, Global Ship Lease will have a 19 vessel fleet with total capacity of 74,797 TEU and a weighted average age at that time of 6.1 years and an average remaining charter term of approximately eight years. All of the vessels including those contracted for future delivery are fixed on long-term charters.

For additional information regarding Global Ship Lease, please visit

Investor and Media Contact: Michael Cimini
The IGB Group