updated 5/4/2011 4:16:54 PM ET 2011-05-04T20:16:54

LONDON, May 4, 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 first quarter of 2011 on Monday, May 16, 2011 at 10:30 a.m. Eastern Time. The Company will issue financial results for the first quarter ended March 31, 2011 on Monday, May 16, 2011 before the open of market trading.

What: First Quarter 2011 Conference Call and Webcast
   
When: Monday, May 16, 2011 at 10:30 a.m. Eastern Time
   
Where: There are two ways to access the conference call:
   
  Dial-in: (866) 966-9439 or (631) 510-7498; Passcode: 64345551
  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 Monday, May 30, 2011 at (866) 247-4222 or (631) 510-7499. Enter the code 64345551 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 66,297 TEU with an average age, weighted by TEU capacity, at March 31, 2011 of 7.1 years. All of the current vessels are fixed on long-term charters to CMA CGM with an average remaining term of 7.8 years, or 9.1 years on a weighted basis.

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

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