Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that it has filed a universal shelf registration statement on Form F-3 with the United States Securities and Exchange Commission (“SEC”). The registration statement will replace a similar Form F-3 that was previously filed with the SEC in February 2011 which has expired. In addition, the shelf registration, when declared effective, will permit certain principal shareholders of Global Ship Lease to offer and sell up to 10,737,004 previously issued, outstanding shares. At present, neither the Company nor the principal shareholders have any specific plans to issue or sell securities under the registration statement. If and when the registration statement is declared effective by the SEC, Global Ship Lease will be able to offer and sell up to $500 million of common and preferred stock, debt securities, warrants, subscription rights or any combination thereof in one or more public offerings from time to time. The terms of any securities offered under this new shelf registration statement, and the intended use of the net proceeds therefrom, will be established at the times of any future offerings and will be described in prospectus supplements filed at such times with the SEC. Although the registration statement relating to these securities has been filed with the SEC, it has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release is not an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A copy of the final prospectus and prospectus supplement relating to any offering under the registration statement will be filed with the SEC and can be obtained, when available, by writing to Global Ship Lease, Inc., care of Global Ship Lease Services Limited, Portland House, Stag Place, London SW1E 5RS or by sending an email to [email protected] or by telephoning +44 (0) 207 869 8806.