June 3, 2016 – Seaspan Corporation announced today that it will exercise its right to redeem 4,321,774 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares on June 20, 2016. The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 4,321,774 Series C Preferred Shares to be redeemed are in addition to the previously announced redemptions of 5,600,000 Series C Preferred Shares to occur on June 7, 2016 and 3,400,000 Series C Preferred Shares to occur on June 13, 2016. Altogether, these redemptions totalling 13,321,774 shares represent all of the issued and outstanding Series C Preferred Shares. Dividends on the Series C Preferred Shares to be redeemed will cease to accrue on the Redemption Date. Upon redemption, the redeemed Series C Preferred Shares will no longer be outstanding, and all rights of the holders of such shares will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest. ____________ May 23, 2016 – Seaspan Corporation announced today that it will exercise its right to redeem 5,600,000 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares on June 7, 2016. The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends, pro-rated for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 5,600,000 Series C Shares to be redeemed represent approximately 42% of the 13,321,774 outstanding Series C Preferred Shares. Additionally, Seaspan intends to use approximately $85 million of the net proceeds from today’s announced common share offering to further redeem Series C Preferred Shares. This redemption would be announced following the closing of such offering. Dividends on the Series C Preferred Shares to be redeemed will cease to accrue on the Redemption Date. Upon redemption, the redeemed Series C Preferred Shares will no longer be outstanding, and all rights of the holders of such shares will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Seaspan Corp., 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 1/30/2016 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 9.50% ($2.375) per annum are paid quarterly on 1/30, 4/30, 7/30 & 10/30 to holders of record on the record date that is one business day prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). See the note included below concerning the special provisions for dividend rate increases in the case of specific events. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-128 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	9.50% $2.375	$25.00 $25.00	Called for 6/20/2016 None	NF NF 11/18/2015	1/30, 4/30, 7/30 & 10/30 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

Company's Online Information Links

HOME PAGE:     http://www.seaspancorp.com/
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Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Inv Rel Email Address	ir@seaspancorp.com
General Email Address	info@seaspancorp.com

Foreign Address and Phone Numbers

Address:   Unit 2, 2nd Floor, Bupa Centre, 141 Connaught Road West, Hong Kong, China
Main Phone Number	+852.2540 1686
Fax Number	+852.2540 1689

Address and Phone Numbers

U.S. Representative	N.A.
Address:   c/o 2600 - 200 Granville St., Vancouver, BC V6C 1S4, Canada
Main Phone Number	604-638-2575
Fax Number	604-676-2296
Investor Contact (CFO)   Sai W. Chu	604-638-2575
Toll Free Phone Number	Unknown

CEO - Gerry Wang

CFO - Sai W. Chu