[] [Offer to Purchase for Cash by Seaspan Corporation of Up to 10,000,000 of its Class A Common Shares At a Purchase Price of $15.00 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JANUARY 11, 2012, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED,] [Letter of Transmittal for Tender of Class A Common Shares of SEASPAN CORPORATION At a Purchase Price of $15.00 Net Per Share in Cash THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JANUARY 11, 2012, UNLESS THE OFFER IS EXTENDED. THIS FORM SHOULD BE COMPLETED, SIGNED AND SENT TOGETHER WITH] [Notice of Guaranteed Delivery For Tender of Class A Common Shares of Seaspan Corporation THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JANUARY 11, 2012, UNLESS THE OFFER IS EXTENDED. This Notice of Guaranteed Delivery, or a form substantially equivalent hereto, must be used to accept the Offer (as defined] [Offer to Purchase for Cash by Seaspan Corporation of Up to 10,000,000 of its Class A Common Shares At a Purchase Price of $15.00 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JANUARY 11, 2012, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED,] [Offer to Purchase for Cash by Seaspan Corporation of Up to 10,000,000 of its Class A Common Shares At a Purchase Price of $15.00 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON WEDNESDAY, JANUARY 11, 2012, UNLESS THE OFFER IS EXTENDED (SUCH TIME AND DATE, AS MAY BE EXTENDED,] [Seaspan Corporation Unit 2, 7 th Floor, Bupa Centre 141 Connaught Road West Hong Kong, China c/o 2600 – 200 Granville Street Vancouver, BC Canada V6C 1S4 Tel: 604-638-2575 Fax: 604-648-9782 www.seaspancorp.com SEASPAN LAUNCHES TENDER OFFER TO PURCHASE UP TO 10 MILLION OF ITS CLASS A COMMON SHARES Gerry Wang, Chief Executive Officer, Co-Chairman, and Co-Founder of Seaspan, commented, “We] [This announcement is neither an offer to purchase nor a solicitation of an offer to sell Class A common shares of Seaspan Corporation. The Offer (as defined below) is made solely by the Offer to Purchase, dated December 13, 2011, and the related Letter of Transmittal, and any amendments or supplements thereto. The Offer is not being made to, nor]