First Ship Lease Trust - Hold calls by analysts

01/26/10 DBS Vickers First Ship Lease Trust 0.6 0.78 Buy
04/21/10 DBS Vickers First Ship Lease Trust 0.64 0.78 Buy
05/05/10 DBS Vickers First Ship Lease Trust 0.545 0.55 Hold 12% Yield
06/10/10 DBS Vickers First Ship Lease Trust 0.395 0.36 Fully Valued
07/27/10 DBS Vickers First Ship Lease Trust 0.42 0.4 Fully Valued

01/26/10 OCBC First Ship Lease Trust 0.6 0.53 Hold
03/19/10 OCBC First Ship Lease Trust 0.61 0.53 Hold
04/16/10 OCBC First Ship Lease Trust 0.65 0.53 Hold
04/22/10 OCBC First Ship Lease Trust 0.635 0.59 Hold FCFE Model (20% discount)
05/11/10 OCBC First Ship Lease Trust 0.505 0.48 Hold FCFE Model (25% discount)
05/19/10 OCBC First Ship Lease Trust 0.48 0.48 Hold