Release from the Extraordinary General Meeting of Rederi AB TransAtlantic

At the extraordinary general meeting in Rederi AB TransAtlantic (publ) (the
“Company”) on 5 November 2013, the following resolutions were adopted:

Approval of transfer of shares in the group company Västerviks Logistik och
Industri AB

The extra general meeting resolved unanimously, in accordance with the Board of
Directors’ proposal, to approve that the subsidiary TransAtlantic Short Sea Bulk
AB transfers its shares in Västerviks Logistik och Industri AB to Carl Johan
Carlstedt, managing director and board member of Västerviks Logistik och
Industri AB.

Approval of the resolution by the Board of Directors on a new share issue

The general meeting resolved to approve the resolution by the Board of Directors
of 3 October 2013 to issue new shares with preferential right for the existing
shareholders. According to the terms set by the Board of Directors, as announced
on 30 October 2013, each A-share held on the record date 8 November 2013
entitles one (1) subscription right of series A and each B-share held on the
record date entitles one (1) subscription right of series B. The subscription
rights allow the shareholder a primary preferential right to subscribe for new
shares, where three (3) subscription rights of series A and series B
respectively, give the right to subscribe for one (1) new A-share and B-share
respectively. New shares not subscribed for on the basis of primary preferential
rights will be offered for subscription to all shareholders (subsidiary
preferential right). Subscription of new shares without the support of primary
or subsidiary preferential right will not be possible. Shares not subscribed for
on the basis of primary or subsidiary preferential right shall be allotted to
Kistefos AS (through the wholly-owned subsidiary Viking Invest AS) (“Kistefos”)
as issue guarantor.

By the new share issue, the Company’s share capital shall be increased by not
more than SEK 36,967,566 through the issuance of a maximum number of 2,423,947
shares of series A and a maximum number of 34,543,619 shares of series B. The
subscription price is SEK 4.00 per share, corresponding to total rights issue
proceeds of no more than SEK 147,870,264 before transaction costs.

Additional information on the new share issue will be included in the prospectus
expected to be published around 8 November 2013.

The general meeting’s resolution to approve the Board of Directors’ resolution
to issue new shares was approved by more than a two-third majority with the
exclusion of Kistefos’ shares in the Company. In accordance with a ruling from
the Swedish Securities Council, Kistefos is thereby granted exemption from the
potential mandatory bid obligation that could arise for Kistefos in connection
with subscription of shares under its underwriting guarantee.

The minutes from the extraordinary general meeting will be available on the
Company’s webpage, www.rabt.se.

For further information, please contact Carina Dietmann, Head of Corporate
Communications, phone: +46 31-763 2334, carina.dietmann@rabt.se.

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
company has about 900 employees and the turnover in 2012 was MSEK 3,274. The
Industrial Shipping 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

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 5 November 2013 at 01.15 pm.