Danaos Corporation Reschedules the Release of 3rd
Quarter Financial Results Due to Hurricane Sandy


Athens, Greece, October 29, 2012

Danaos Corporation (NYSE: DAC), a leading international owner of containerships, has rescheduled its announcement of third quarter financial results, due to the inclement weather conditions from Hurricane Sandy in the New York City area. The Company will now release its results for the third quarter ended September 30, 2012 after the close of the market in New York on Monday, November 5, 2012.

On Tuesday, November 6, 2012, at 9:00 A.M. ET, 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 November 13, 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.

About Danaos Corporation
Danaos Corporation is an international owner of containerships, chartering its vessels to many of the world's largest liner companies. Our current fleet of 64 containerships aggregating 363,049 TEUs ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Danaos is one of the largest US listed containership companies based on fleet size. The Company's shares trade on the New York Stock Exchange under the symbol "DAC".

Danaos Corporation press release