| Announcement Title | Financial Statements and Related Announcement |
| Announcement Subtitle | Full Yearly Results |
| Securities | FIRST SHIP LEASE TRUST (FSTRUST) |
| Date & Time of Broadcast | Feb 25, 2015 20:13 |
| Submitted By | Tayalni Nediean Investor and Public Relations Manager |
| Description | Please see attached. |
| For Financial Period Ended | Dec 31, 2014 |