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Published on 1/6/2009 in the Prospect News Special Situations Daily.

Soros Strategic Partners nearly doubles its passive stake in Global Ship Lease

By E. Janene Geiss

Philadelphia, Jan. 6 - Soros Strategic Partners LP nearly doubled its investment to 19.89% in Global Ship Lease, Inc. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.

That represents a passive stake of 7.50 million shares.

Those holdings are up from the passive stake of 11.29%, or 3.75 million shares, that Soros reported owning on Aug. 14, 2008, according to an SC 13G filing.

Global Ship Lease owns and charters containerships to container liner companies.


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