| Announcement Title | Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer |
| Announcement Subtitle | Notification form for Director in respect of interests in securities |
| Securities | FIRST SHIP LEASE TRUST (FSTRUST) |
| Date & Time of Broadcast | May 18, 2017 17:09 |
| Submitted By | Timothy James Reid Non-Independent Non-Executive Chairman |
| Description | Please see attached. |
| Additional Details | |
| Person(s) Giving Notice | Director/Chief Executive Officer who may also be a substantial shareholder/unitholder (Form 1) |
| Date of Receipt of Notice by Listed Issuer | May 18, 2017 |