News Release

Global Ship Leasing Hong Kong Investment Co., Ltd (HK-GSL) Announces Intent to Commence Consent Solicitation for 9.875% First Priority Secured Notes due 2022

LONDON, Dec. 06, 2018 (GLOBE NEWSWIRE) — Global Ship Leasing Hong Kong Investment Co., Ltd (HK-GSL), Inc. (NYSE: GSL) (the “Company”) today announced that it intends to solicit consents from holders of its 9.875% First Priority Secured Notes due 2022 (the “Notes”) to approve amendments (the “Proposed Amendments”) to the indenture governing the Notes (the “Indenture”) immediately following the consummation of its annual mandatory offer, announced on November 9, 2018, to purchase up to $20.0 million of the Notes (the “Annual Mandatory Offer”), which is expected to be December 12, 2018.