TransAtlantic's CFO to leave his post

Ola Helgesson is to leave his position as CFO of TransAtlantic at his own request.
On leaving TransAtlantic, Ola Helgesson will assume the position of CFO at Stena Line in Gothenburg.

The process to find a new CFO has commenced immediately and is expected to be completed before Ola Helgesson leaves his position in April 2011. 

For further information, contact President and CEO Stefan Eliasson, tel +46 (0)304-67 47 00.

Rederi AB TransAtlantic (publ) is a leading Swedish shipping company. Operations are organized into two business areas: Offshore/Icebreaking and Industrial Shipping. Ships fleet consists of 38 vessels and three anchor handling vessels in order to be delivered during 2010/2011 and ships chartered for shorter periods. The company has about 1,058 employees. Its shares are listed on the NASDAQ OMX Stockholm Small Cap segment.