GasLog Prices Offering of NOK 500,000,000 Senior Unsecured Notes

Monaco - Jun. 13, 2013

GasLog Ltd. ("GasLog" and the "Company") (NYSE: GLOG) today announced that it has priced an offering of NOK 500,000,000 aggregate principal amount of senior unsecured notes due 2018 (the "Notes"). The Notes priced at 100% and will bear interest at a spread of 5.50% over 3 month NIBOR. The offering was oversubscribed. The transaction is subject to customary closing conditions and settlement is expected to occur on 27 June 2013.

Peter G. Livanos, GasLog’s Chairman and controlling shareholder, and John S. Radziwill, the father of our Vice Chairman, Philip Radziwill, have advised that they will purchase, directly or indirectly through controlled entities, an aggregate of approximately NOK 60,000,000 in principal amount of the Notes in the offering at the offering price. The proceeds from the offering will be used for general corporate purposes, including financing for GasLog’s newbuilding program.

About GasLog Ltd.
GasLog is an international owner, operator and manager of LNG carriers. GasLog’s fleet consists of 12 wholly-owned LNG carriers, including two ships delivered in 2010, three ships delivered in 2013 and seven LNG carriers on order. In addition, GasLog currently has 12 LNG carriers operating under its technical management for external customers. GasLog’s principal executive offices are at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco. GasLog’s website is http://www.gaslogltd.com.



GasLog Ltd. press release