GREG TUTHILL NAMED CHIEF COMMERCIAL OFFICER OF SEACUBE CONTAINER LEASING LTD.

Greg Tuthill has been named Chief Commercial Officer of SeaCube Container Leasing Ltd. ("SeaCube"), one of the largest global container leasing companies in the world. This announcement was made today by Robert Sappio, Chief Executive Officer of SeaCube.

Brought on board to drive strategic global growth, Mr. Tuthill will lead SeaCube's global sales, marketing and trading teams. He is responsible for the development and implementation of evolving business strategies designed to further SeaCube's vision of being the customer's first choice for refrigerated intermodal equipment while also driving company growth.

"Greg is that rare global container shipping executive whose background combines deep operations and marketing expertise with a strong financial tool kit," said Mr. Sappio. "I am confident that this robust skill set will prove to be invaluable as SeaCube continues to implement its strategy around the globe."

Most recently serving as Senior Vice President and Chief Operating Officer, Americas Region, for CMA CGM. Mr. Tuthill brings 30 years of industry experience to this position. He began his career with American President Lines, Ltd in 1988 where he held several positions in marketing and sales before heading up North America Operations for APL, Ltd. After leaving APL, he continued to expand the depth and breadth of his responsibilities at NYK Line and later at TOTE Logistics.

"Throughout his career, Greg has demonstrated the leadership capabilities to drive our commercial strategy and vision. This experience will build loyalty to SeaCube's brand and position the company for continued growth," said Mr. Sappio.

Mr. Tuthill is a graduate of State University Maritime College at Fort Schuyler, NY. He holds a master's degree in finance from Fairleigh Dickinson University, Madison, NJ, and also served as a Commissioned Officer in the United States Naval Reserve as a Lieutenant Commander.