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FLY Leasing Declares Second Quarter Dividend of $0.25 Per Share

       FLY Leasing Declares Second Quarter Dividend of $0.25 Per Share  PR Newswire  DUBLIN, July 17, 2014  DUBLIN, July 17, 2014 /PRNewswire/ --FLY Leasing Limited (NYSE: FLY) ("FLY"), a leading global lessor of modern commercial jet aircraft, today announced it has declared a quarterly cash dividend of $0.25 per common share for the second quarter of 2014. The dividend will be paid on August 20, 2014 to shareholders of record on July 31, 2014.  FLY Leasing Limited  FLY has declared 27 consecutive quarterly cash dividends, totaling $6.87 per share, since it went public on the NYSE in 2007.  About FLY  FLY acquires and leases modern, high-demand and fuel-efficient commercial jet aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world. FLY is managed and serviced by BBAM LP, one of the world's leading aircraft lease managers with more than 20 years of experience. For more information about FLY, please visit our website at www.flyleasing.com.  Cautionary Statement Regarding Forward-Looking Statements  This press release contains certain "forward - looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "expects," "intends," "anticipates," "plans," "believes," "seeks," "estimates," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for FLY's future business and financial performance. Forward-looking statements are based on management's current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors and risks. Further information on the factors and risks that may affect our business is included in filings we make with the Securities and Exchange Commission from time to time, including our Annual Report on Form 20-F and our Reports on Form 6-K. FLY expressly disclaims any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in its views or expectations, or otherwise.  Contact:  Matt Dallas FLY Leasing Limited +1 203-769-5916 ir@flyleasing.com  Logo- http://photos.prnewswire.com/prnh/20130709/SF44539LOGO  SOURCE FLY Leasing Limited  Website: http://www.flyleasing.com  
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