TransAtlantic appoints president

The  Board of TransAtlantic has resolved to appoint Stefan Eliasson as President
and CEO of the company.

Stefan  Eliasson, who has been employed at the company since 2000, is a graduate
in  Business Administration and has extensive experience of various positions at
the company, most recently as Head of the Offshore/Icebreaking business area.

"It  will be  exciting to  work on  the challenges  that TransAtlantic currently
faces  and I look  forward to the  task of advancing  the company and building a
distinct and strong brand," Stefan Eliasson said in a statement.

Stefan Eliasson has been acting President of the company since year-end 2009.


For further information, contact Stefan Eliasson, acting President of
TransAtlantic, tel +46 (0)304 67 47 00, or Chairman Christen Sveaas, tel +47
23 11 70 00.



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