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Danaos Corporation Adds One More Newly Built Vessel to its Fleet

News Release Danaos Corporation (Head Office) July 7, 2010
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<DIV>Athens, Greece, July 6, 2010 - Danaos Corporation (NYSE: DAC), a leading
international owner of containerships, announced that on July 2, 2010, it took
delivery of one newly built containership, the CMA CGM RABELAIS, expanding its
operational fleet to a total of 46 containerships aggregating 200,129 TEU.
<BR><BR>The CMA CGM RABELAIS, built at Sungdong Shipbuilding &amp; Marine
Engineering has a carrying capacity of 6,500 TEU, is 300 meters long, 40 meters
wide and has a speed of 25.60 knots. The CMA CGM RABELAIS has commenced its
12-year time charter at a fixed charter rate immediately upon delivery.
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