GasLog Ltd. Announces Public Offering and Concurrent
Private Placement of Common Shares

Monaco - Jan. 15, 2014

GasLog Ltd. (“GasLog” or the “Company”) (NYSE:GLOG) announced today that it plans to offer 8,400,000 of its common shares to the public (the “Public Offering”). The Company intends to grant the underwriters of the Public Offering a 30-day option to purchase up to 1,260,000 additional common shares. Concurrently with the Public Offering, the Company is also selling through a private placement approximately $30 million of common shares to certain of its directors and officers and one of its major shareholders at the public offering price (the “Private Placement”).

The Company plans to use the net proceeds of the Public Offering and Private Placement to fund a portion of the purchase price of the Company’s recently announced purchase of three LNG carriers from Methane Services Ltd. (“MSL”), an affiliate of BG Group, and for general corporate purposes.

Citigroup Global Markets Inc. and RS Platou Markets AS are acting as joint book-running managers of the offering, which will be made under an effective shelf registration statement.

The offering is being made only by means of a prospectus supplement and accompanying base prospectus. When available, the prospectus supplement and accompanying base prospectus relating to the offering may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (tel: (800) 831-9146), and RS Platou Markets AS, c/o RS Platou Markets, Inc., 410 Park Avenue, Suite 710, New York, New York (tel: (855) 864-2265) or Office@platou.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About GasLog Ltd.
GasLog is an international owner, operator and manager of LNG carriers. Following the acquisition of the ships from MSL, GasLog’s fleet will include 18 wholly-owned LNG carriers, including eleven ships in operation and seven LNG carriers on order. In addition, GasLog currently has 12 LNG carriers operating under its technical management for third parties. GasLog’s principal executive offices are located at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco. GasLog’s website is http://www.gaslogltd.com.



GasLog Ltd. press release