Global Ship Lease Announces Fourth Quarter 2010 Earnings Release, Conference Call and Webcast

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LONDON, Feb. 23, 2011 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2010 on Tuesday, March 8, 2011 at 10:30 a.m. Eastern Time. The Company will issue financial results for the fourth quarter ended December 31, 2010 on Tuesday, March 8, 2011 before the open of market trading.

LONDON, Feb. 23, 2011 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2010 on Tuesday, March 8, 2011 at 10:30 a.m. Eastern Time. The Company will issue financial results for the fourth quarter ended December 31, 2010 on Tuesday, March 8, 2011 before the open of market trading.

If you are unable to participate at this time, a replay of the call will be available through Tuesday, March 22, 2011 at (866) 932-5017 or (347) 366-9565. Enter the code 3491512 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 world class container liner companies. 

Global Ship Lease owns 17 vessels with a total capacity of 66,297 TEU with an average age, weighted by TEU capacity, at December 31, 2010 of 6.8 years. All of the current vessels are fixed on long-term charters to CMA CGM with an average remaining term of 8.1 years, or 9.3 years on a weighted basis.

CONTACT: Investor and Media Contact: Michael Cimini The IGB Group 212-477-8261
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