Capstan Capital Partners and Komrowski Group Close Second Box Ship Restructuring Trade

LONDON, April 20, 2011 - London based Capstan Capital Partners and the Komrowski Group in Hamburg
have successfully raised USD 4.8m of new liquidity for a German single ship
company. The amount was raised exclusively through the international private
wealth market in the form of preferred equity capital. The refinanced ship is
a 13 year old 1,700 TEU container vessel owned by one of the largest German
KG-houses that could no longer fund its operating expenses.

Offering an indicative cash yield of more than 15% per annum, the deal
was oversubscribed with investors and was the second of its kind to be
executed by Capstan and Komrowski in only a few months, says Konstantin
Krebs, Managing Partner at Capstan.

Capstan Capital Partners LLP is a London based corporate finance firm and
member of the Komrowski Group in Hamburg, a family-owned conglomerate with
operations in shipping, commodity trading and financial services.

For more information please visit www.capstan-capital.com

Contacts: Konstantin Krebs, Capstan Capital Partners, DD +44(0)20-3405-1030; Niels Weber, Komrowski Group, Hamburg, DD +49-40-32903-559