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Genesis Lease Presentation from J.P. Morgan Aviation & Transportation Conference Available on Company Website

--SHANNON,

SHANNON, Ireland, March 10, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Genesis Lease Limited (NYSE: GLS) today announced that John McMahon, Chief Executive Officer, will make a presentation at the J.P. Morgan Aviation & Transportation Conference on Tuesday, March 10, 2009 at 3:00 p.m. Eastern Time at the J.P. Morgan Conference Center at 383 Madison Avenue in New York City. The presentation slides will be available on the "Events & Recent Company Announcements" section of the Genesis Lease website at www.genesislease.com at 4:00pm Eastern Time today.

GLS-G

About Genesis Lease Limited:

Genesis Lease Limited is a global commercial aircraft leasing company that is headquartered in Shannon, Ireland. Genesis acquires and leases modern, operationally efficient passenger and cargo jet aircraft to a diverse group of airlines throughout the world. Genesis leverages the worldwide platform of GE Commercial Aviation Services Limited, or GECAS, to service its portfolio of leases, allowing management to focus on executing its growth strategy.

Genesis' common shares, in the form of American Depositary Shares, are listed on the New York Stock Exchange under the symbol "GLS."

    CONTACTS:
    Genesis Lease Limited               KCSA Strategic Communications
    Alan Jenkins                        Jeffrey Goldberger / Marybeth Csaby
    Chief Financial Officer             Managing Partner / Vice President
    +353 61 233 300                     +1-212-896-1249 / 1236
    alan.jenkins@genesislease.com       jgoldberger@kcsa.com / mcsaby@kcsa.com

SOURCE Genesis Lease Limited

http://www.genesislease.com

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