FSL Trust Management Pte. Ltd., as trustee-manager of First
Ship Lease Trust reportes that it has sent notices to its lessees, wholly-owned
subsidiaries of PT Berlian Laju Tanker Tbk, to demand for the redelivery of its
three chemical tankers, Pertiwi, Prita Dewi and Pujawati, in accordance with
the terms of the lease agreements between the Lessees and FSL Trust. This is in
addition to the demand for payment stated in the notice of default issued to
the Lessees on 7 February 2012.