DAC Danaos Corp

Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2011 has been filed with the Securities and Exchange Commission and can be accessible on the Company's website, www.danaos.com, under the "Investor Relations" section under "Annual Reports" at the top of the page.

Alternatively, shareholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting the Company's Investor Relations Advisor at:

Capital Link Inc. 230 Park Avenue, Suite 1536 New York, NY 10169 USA Tel: +1 212 661 7566 Email: Danaos@capitallink.com

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 62 containerships aggregating 325,879 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. Furthermore, the company has a contracted fleet of 3 additional containerships aggregating 39,300 TEU with scheduled deliveries up to 2012. The company's shares trade on the New York Stock Exchange under the symbol "DAC."

Visit our website at www.danaos.com

For further information please contact: Company Contact: Evangelos Chatzis Chief Financial Officer Danaos Corporation Athens, Greece Tel.: +30 210 419 6480 E-Mail: cfo@danaos.com Iraklis Prokopakis Senior Vice President and Chief Operating Officer Danaos Corporation Athens, Greece Tel.: +30 210 419 6400 E-Mail: coo@danaos.com Investor Relations and Financial Media Nicolas Bornozis President Capital Link, Inc. New York Tel. 212-661-7566 E-Mail: danaos@capitallink.com