X0303 4 2009-02-02 0 0001018164 WILLIS LEASE FINANCE CORP WLFC 0001166408 JACOBS SY ONE FIFTH AVENUE NEW YORK NY 10003 0 0 1 0 0001351063 JACOBS ASSET MANAGEMENT, LLC ONE FIFTH AVENUE NEW YORK NY 10003 0 0 1 0 Ordinary Shares 2009-02-02 4 P 0 9600 8.75 A 670672 I By JAM Partners, L.P. Ordinary Shares 446527 I By JAM Special Opportunities Fund, L.P. Ordinary Shares 35100 D These securities are owned by JAM Partners, L.P. (the "Partnership"). These securities may be deemed to be beneficially owned by JAM Managers L.L.C., the general partner of the Partnership, Jacobs Asset Management, LLC, the investment manager of the Partnership, and Sy Jacobs, the managing member of both JAM Managers L.L.C. and Jacobs Asset Management, LLC. Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. These securities are owned by JAM Special Opportunities Fund, L.P. (the "Fund"). These securities may be deemed to be beneficially owned by JAM Equity Partners, LLC, the general partner of the Fund, Jacobs Asset Management, LLC, the investment manager of the Fund, and Sy Jacobs, the managing member of both JAM Equity Partners, LLC and Jacobs Asset Management, LLC. Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. + The Reporting Person hereby disclaims beneficial ownership over the securities reported on this Form 4 except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. /s/ Sy Jacobs (+) 2009-02-04 Jacobs Asset Management, LLC (+), By: /s/ Sy Jacobs, Managing Member 2009-02-04