Deutsche Bank Trust Company Americas

Trust & Securities Services

Global Equity Services

April 20, 2007

DEPOSITARY RECEIPTS

Depositary’s Notice of Annual General Meeting of Shareholders of Genesis Lease Limited:

Issue:	Genesis Lease Limited / Cusip 37183T107

Country:	Bermuda

Meeting Details:	Annual General Meeting of Shareholders of Genesis Lease Limited on May 21, 2007 – 10:00 am (Local Time)

Meeting Agenda:	The Company’s Notice of Meeting including the Agenda is attached

Voting Deadline:	On or before May 18, 2007 at 3:00 PM (New York City time)

ADR Record Date:	April 27, 2007

Ordinary: ADR ratio	1 Ordinary Share (each a ‘‘Share’’): 1 ADR

Holders of American Depositary Receipts (‘‘ADRs’’) representing ordinary shares (the ‘‘Shares’’) of Genesis Lease Limited (the ‘‘Company’’) are hereby notified of the Company’s Annual General Meeting of shareholders. A copy of the Notice of Meeting from the Company, which includes the agenda for such meeting, is attached.

Each Holder of record of ADRs as of close of business on the ADR record date set forth above will be entitled to instruct the Depositary as to the exercise of the voting rights pertaining to the Shares represented by such Holder’s American Depositary Shares. Voting instructions must be received on or before the Voting Deadline set forth above. Upon the timely receipt of properly completed voting instructions of eligible Holders of American Depositary Shares, the Depositary shall endeavor, insofar as practicable and permitted under applicable law, the provisions of the Deposit Agreement, the Company’s Bye-laws and the provisions of or governing the Shares, to vote or cause the Custodian to vote the Shares (in person or by proxy) represented by such American Depositary Shares in accordance with such voting instructions.

There can be no assurance that Holders or Beneficial Owners generally or any Holder or Beneficial Owner in particular will receive the notice described above with sufficient time to enable the Holder to return voting instructions to the Depositary in a timely manner.

Notwithstanding the above, and in accordance with the terms of Section 5.3 of the Deposit Agreement, the Depositary shall not be liable for any failure to carry out any instructions to vote any of the Shares or for the manner in which such vote is cast or the effect of any such vote.

Capitalized terms defined in the Deposit Agreement among the Company, the Depositary and the registered holders and beneficial owners of the ADRs and used (but not otherwise defined) herein are used herein as so defined.

For further information, please contact:

Daniel Belean
AVP
Deutsche Bank – Depositary Receipts
Tel 212 250 6612
Fax 212 797 0327