Viking Supply Ships

Earnings Release • Sep 23, 2014

EU and US sanctions on Russia not expected to impact VSS operations and financials in 2014

EU and US sanctions on Russia not expected to impact VSS operations and financials in 2014

Four of Viking Supply Ships' AHTS-vessels, of which three with ice class

1A and one icebreaker, are currently operating offshore Russia in the

Kara Sea. The contract applies to the drilling seasons 2014 and 2015,

with options for the drilling seasons 2016 and 2017. The drilling

seasons are expected to commence around May each year. Viking Supply

Ships is also contracted for consulting services related to the offshore

operations in the Kara Sea for the years 2014 and 2015.

The present EU and US sanctions are not expected to impact Viking Supply

Ships' operations and financials in 2014. It is too early to say whether

sanctions will impact the drilling seasons 2015 and onwards.

For further information, please contact:

Christian W. Berg, CEO, Viking Supply Ships, ph. +45 41 77 83 80

Rederi AB TransAtlantic is a leading Swedish shipping company with

headquarters in Gothenburg, Sweden and additional offices in Europe. The

company is organized into two business areas: TransAtlantic and Viking

Supply Ships. The company has about 780 employees and the turnover in

2013 was MSEK 2 925. The TransAtlantic business area consists of three

divisions: Container, RoRo and Bulk. The company's B-shares are listed

on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se

Rederi AB TransAtlantic is obliged to make this information public

according to the Financial Markets Act and/or the Financial Instruments

Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med

finansiella instrument). The information was submitted for publication

on September 23, 2014 at 7:00 p.m.