TransAtlantic executes vessel transaction


TransAtlantic  has divested the RoRo vessel  Oak, 12,000 DWT, to foreign buyers.
The transaction will result in a capital loss of approximately SEK 5 M, but will
have  a  positive  impact  of  approximately  SEK  13 M on the consolidated cash
balance. The vessel has been idle since 2009.


For further information, please contact Acting President Stefan Eliasson or Head
of the Industrial Shipping Business Area, Mårten Carlquist at tel: +46 (0)304-67
47 00.


Rederi AB Transatlantic is a leading Swedish shipping company. Operations are
organized into two business areas: Offshore/Icebreaking and Industrial Shipping.
Ships fleet consists of 38 vessels, three anchor handling vessels in order to be
delivered 2010-2011, and ships chartered for shorter periods. The company has
about 1 100 employees.  Its shares are listed on the NASDAQ OMX Stockholm Small
Cap segment.



[HUG#1444112]


Attachments

Press release PDF.pdf