Viking Supply Ships

Related Party Transaction • Mar 12, 2012

Press release

12/03/2012

TransAtlantic sells property to Tjörns Sparbank

The decision of moving TransAtlantic's headquarters from Skärhamn to Gothenburg, Sweden, was made last Spring, in 2011. The transfer is now finalized and TransAtlantic's former house property in Skärhamn is sold. New owners are Tjörns Sparbank.

• We have for quite some time been looking for bigger space for our business, says Magnus Flyckt, CEO at Tjörns Sparbank in Skärhamn. When the opportunity of acquiring this property turned up we saw our chance. It matches our needs from many perspectives so we are very delighted.

The property will belong to Tjörns Sparbank from March 15, 2012 and after some reconstruction they count on being able to welcoming their customers to their new address later this year.

• This feels like an excellent solution, says Folke Patriksson, one of the founders of TransAtlantic and currently Vice Chairman in TransAtlantic's Board. The house will now also be available for the public and we wish Tjörns Sparbank the best of luck with their new premises.

The purchase price for the mortgage free property amounted to 30 MSEK. DTZ has been real estate advisors.

For further information, please contact Head of Corporate Communications Carina Dietmann, ph. +46 31 763 2334.

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: Industrial Shipping and Viking Supply Ships. The fleet consists of 62 vessels and the company has about 850 employees. The turnover in 2011 was MSEK 2 989. The Industrial Shipping business area consists of five divisions: Bulk, Container, RoRo Baltic, Short Sea Bulk and Integrated Logistics. The company's B-shares are listed on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se

TransAtlantic is obliged to make this information public according to the Financial Markets Act and the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med finansiella instrument). The information was submitted for publication on March 12, 2012 at 08.30 am.