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Tuesday, 01/06/2009 7:30:01 PM

Tuesday, January 06, 2009 7:30:01 PM

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Danaos Corporation Announces a Share Repurchase Program





ATHENS, GREECE -- (Marketwire) -- 11/25/08 -- Danaos Corporation (NYSE: DAC) announces that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase, from time to time, up to 1,000,000 shares of the Company's common stock (par value $0.01).



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* Reactive- rear view mirror
* Inactive- "go with the flow"
* Pre-active- prepare for the future
* Proactive- design the future and make it happen

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