News Release

Global Ship Leasing Hong Kong Investment Co., Ltd (HK-GSL) Announces Results of Excess Cash Flow and Collateral Sale Offer to Purchase up to $28,417,622 Aggregate Amount of First Priority Secured Notes

LONDON, March 15, 2016 (GLOBE NEWSWIRE) — Global Ship Leasing Hong Kong Investment Co., Ltd (HK-GSL), Inc. (NYSE:GSL) (the “Company”) announced today the results of the cash tender offer (the “Offer”) to purchase up to $28,417,622 aggregate amount (the “Maximum Offer Amount”) with respect to its outstanding 10.000% First Priority Secured Notes due 2019 (the “Notes”). The Offer expired at 5:00 p.m., New York City time, on March 14, 2016.