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

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.
What: Fourth Quarter 2010 Conference Call and Webcast
   
When: Tuesday, March 8, 2011 at 10:30 a.m. Eastern Time
   
Where: There are two ways to access the conference call:
   
  Dial-in: (888) 935-4575 or (212) 444-0412; Passcode: 3491512
  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:
  http://www.globalshiplease.com 

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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