Genesis Lease Limited Schedules Fourth Quarter and Year End Earnings Conference Call for February 20, 2008

SHANNON, Ireland, Feb. 13, 2008 (PRIME NEWSWIRE) -- Genesis Lease Limited (NYSE:GLS) today announced that it plans to release its fourth quarter and year end financial results on February 20, 2008 before the market opens. In connection with the earnings release, Genesis will host a conference call and webcast for investors and analysts to discuss its results for the quarter on Wednesday, February 20, 2008, at 2:00 pm (GMT) / 9:00 am (EST) / 6:00 am (PST). Participants should call 877-675-4751 (United States/Canada) or 719-325-4907 (International) and request the Genesis Lease call or utilize the confirmation code 4402406. A telephonic replay will be available for anyone unable to participate in the live call. To access the replay, call 888-203-1112 (United States/Canada) or 719-457-0820 (International) and enter confirmation code 4402406. The recording will be available from 12:00 pm (EST) on Wednesday, February 20, 2008 through Wednesday, February 27, 2008 at 11:59 p.m. (EST). A live broadcast of the earnings conference call will also be available via the Internet at under 'Investor Relations'. The webcast will be archived on the site for one year. About Genesis Lease Limited Genesis Lease Limited is a global commercial aircraft leasing company that is headquartered in Shannon, Ireland. Genesis acquires and leases modern, operationally efficient passenger and cargo jet aircraft to a diverse group of airlines throughout the world. Genesis leverages the worldwide platform of GE Commercial Aviation Services Limited, or GECAS, to service its portfolio of leases, allowing management to focus on executing its growth strategy. Genesis' common shares, in the form of American Depositary Shares, are listed on the New York Stock Exchange under the symbol "GLS." The Genesis Lease Limited logo is available at Caution Concerning Forward-Looking Statements This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to our plans, objectives, expectations and intentions and other statements contained in this release that are not historical facts as well as statements identified by words such as "expects," "anticipates," "intends," plans," "believes," "seeks," "estimates," or words of similar meaning. These statements are based on current beliefs or expectations and are inherently subject to significant uncertainties and changes in circumstances, many of which are beyond our control. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. CONTACT: Genesis Lease Limited Alan Jenkins, Chief Financial Officer +353 61 233 300 KCSA Worldwide Jeffrey Goldberger, Managing Partner +1-212-896-1249