| Announcement Title | General Announcement |
| Announcement Subtitle | (A) Chairman; (B) Deputy Chairman & Lead Independent Director; (C) Dissolution of IAC |
| Securities | FIRST SHIP LEASE TRUST (FSTRUST) |
| Date & Time of Broadcast | Apr 11, 2014 19:08 |
| Submitted By | Alan Hatton Chief Executive Officer |
| Description | Please see attached. |