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Danaos Corporation Announces Date for the Release of Fourth Quarter and Full Year 2011 Results, Conference Call and Webcast

News Release Danaos Corporation (Head Office) February 16, 2012
Athens, Greece, February 13, 2012 - Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that it will release its results for the fourth quarter and Full Year ended December 31, 2011 after the close of the market in New York on Tuesday, February 21, 2012.

On Wednesday, February 22, at 9:00 A.M. EST, the Company's management will host a conference call to discuss the results.

Conference Call Details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 866 819 7111 (US Toll Free Dial In), 0800 953 0329 (UK Toll Free Dial In) or +44 (0)1452 542 301 (Standard International Dial In). Please quote "Danaos" to the operator.

A telephonic replay of the conference call will be available until February 29, 2012 by dialing 1 866 247 4222 (US Toll Free Dial In), 0800 953 1533 (UK Toll Free Dial In) or +44 (0)1452 550 000 (Standard International Dial In). Access Code: 1186615#

Audio Webcast:
There will also be a live and then archived webcast of the conference call through the Danaos website (www.danaos.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.