TRANSATLANTIC: PRESS RELEASE

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Transatlantic's Executive Vice President and head of the Operation and Development support function, Lars Petersson, is leaving the company at his own request. By agreement, his employment will end of September 30, 2006. After that, Lars Petersson will be involved in certain development projects and be a member of the Board of newly formed TransLumi Line AB.

For further information, please contact CEO Håkan Larsson, tel +46 (0)304 67 47 00 or Executive Vice President Lars Petersson, tel +46 (0)42 17 27 00

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