Transatlantic is launching today the repurchase of shares

The Board of Rederi AB Transatlantic (publ) has decided to initiate a
repurchase programme of own shares in accordance with the decision of
the Annual General Meeting April 23, 2009. The AGM gave the Board
authorization until the next Annual General Meeting to acquire own
shares so that the Transatlantic total holdings amount to more than
10 percent of the shares.

The purpose of the repurchase programme is to give the Board the
opportunity to adapt and improve the capital structure in order to
create increased value for shareholders, and to transfer shares in
connection with the financing of possible acquisitions by payment by
the Company's own shares.

The shares will be acquired on the Nasdaq OMX Nordic Exchange in
Stockholm at the price valid within the registered price interval.
Transatlantic currently owns 504 800 shares b.


For more information please contact President Anders Källström or CFO
Ola Helgesson, tel +46 (0)304 - 67 47 00