October 12, 2010
HAMILTON, BERMUDA–(Marketwire – Oct. 12, 2010) – Teekay Corporation (NYSE:TK) (Teekay or the Company) announced today that it will host an Investor Meeting for the Teekay group of companies on Wednesday, October 20, 2010 from 8:30 a.m. to 11:45 a.m. in the Hilton Room at The Waldorf=Astoria, 301 Park Avenue, New York. The Hilton Room is located on the lobby level at the Park Avenue entrance. Any investors interested in scheduling a one-on-one meeting with management during the afternoon of Wednesday, October 20, should contact Emily Yee at 604-609-6437 or Emily.Yee@teekay.com.
Members of Teekay’s senior management team will present the Company’s strategy, market outlook and financial position. The Investor Meeting presentation schedule is as follows:
| Teekay Corporation | 8:30 a.m. – 10:00 a.m. |
| Teekay Offshore Partners L.P. | 10:15 a.m. – 10:45 a.m. |
| Teekay LNG Partners L.P. | 10:45 a.m. – 11:15 a.m. |
| Teekay Tankers Ltd. | 11:15 a.m. – 11:45 a.m. |
The presentations will be webcast live on Teekay’s Web site at www.teekay.com. For those unable to listen to the live event, an audio archive will be available at the same Web site following the live presentations.
About Teekay
Teekay Corporation transports approximately 10 percent of the world’s seaborne oil, has built a significant presence in the liquefied natural gas shipping sector through its publicly-listed subsidiary, Teekay LNG Partners L.P. (NYSE:TGP), is further growing its operations in the offshore oil production, storage and transportation sector through its publicly-listed subsidiary, Teekay Offshore Partners L.P. (NYSE:TOO), and continues to expand its conventional tanker business through its publicly-listed subsidiary, Teekay Tankers Ltd. (NYSE:TNK). With a fleet of over 148 vessels, offices in 16 countries and over 6,100 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading oil and gas companies, helping them seamlessly link their upstream energy production to their downstream processing operations. Teekay’s reputation for safety, quality and innovation has earned it a position with its customers as The Marine Midstream Company.
Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.