Release from the Annual General Meeting of Rederi AB TransAtlantic

At the Annual General Meeting of Rederi AB TransAtlantic on April 27, 2012, it
was resolved, in accordance with the proposal from the Board of Directors and
the President that no dividend will be paid to shareholders; instead, all
profits at the disposal of the Annual General Meeting will be carried
forward.

The income statements and balance sheets for the Group and Parent
Company were adopted. The Board of Directors and the President were discharged
from liability for the 2011 financial year.

Christen Sveaas, Håkan Larsson,
Folke Patriksson, Magnus Sonnorp and Henning Jensen were re-elected as Board
members. It was noted that Christer Olsson had declined re-election.

Christen
Sveaas was re-elected as Chairman of the Board and Folke Patriksson was re
-elected as Deputy Chairman. As earlier, Christer Lindgren represents the SEKO
Seafarers trade union on the Board.

The Annual General Meeting resolved, in
accordance with the proposal of the Board of Directors, to elect the authorized
audit firm of Öhrlings PricewaterhouseCoopers AB as auditor, with a mandate
period ending with the 2013 Annual General Meeting. Öhrlings
PricewaterhouseCoopers AB intends to appoint the authorized public accountant
Olof Enerbäck as auditor in Charge.

Fees to Board members were established at
the same level as 2011, to be distributed among members as follows; the Chairman
of the Board will receive SEK 400,000 and SEK 200,000 will be paid to each
remaining Board member. Fees to the auditors shall be paid on account.

The
Annual General Meeting resolved, in accordance with the proposal of the
Nomination Committee, that the company shall have a Nomination Committee
consisting of four members. The members shall comprise one representative of
each of the three largest shareholders or owner groups at the end of the third
quarter 2012, besides the Chairman of the Board of Directors.

Guidelines for
remuneration of senior executives were adopted in accordance with the proposal
of the Board of Directors.

The Annual General Meeting resolved, in accordance
with the proposal of the Board of Directors, to approve Österströms Rederi
Aktiebolag’s divestment of all shares in MultiDocker Cargo Handling AB to
Skärgårdshavet AB. Österströms Rederi Aktiebolag is an indirect wholly-owned
subsidiary of Rederi AB TransAtlantic.

Due to current economic conditions,
the Chairman of the Board informed that the contemplated split of the Group is
postponed and estimated to take place at the earliest in 2013.

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/or the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden
and lagen om handel med finansiella instrument). The information was submitted
for publication on April 30, 2012 at 08.30 am.