| Notice Type | Notice of Book Closure Date for Distribution |
| Corporate Action Details (e.g. Rights ratio, dividend ratio, tax rate, etc) | Stub Distribution |
| Record Date | 16/09/2009 |
| Record Time | 17:00 |
| Date Paid/Payable (if applicable) | 30/10/2009 |
| Footnotes | Please refer to the announcement dated 4 September 2009 in relation to the placement of up to 100,000,000 new units in First Ship Lease Trust and announcement of books closure and stub distribution payment dates. |