Teekay Corp. Directors Declare Dividend

April 5, 2013

Bermuda’s Teekay Corporation announced today [Apr.5] that its board of directors has declared a cash dividend on its common stock of $0.31625 per share, payable on April 30 to all shareholders of record as of April 16, 2013.

Teekay Corporation is an operational leader and project developer in the marine midstream space. Through its general partnership interests in two master limited partnerships [MLPs], Teekay LNG Partners L.P. and Teekay Offshore Partners L.P. (NYSE:TOO), its controlling ownership of Teekay Tankers Ltd., and its fleet of directly-owned vessels, Teekay is responsible for managing and operating consolidated assets of over $11 billion, comprised of approximately 170 liquefied gas, offshore, and conventional tanker assets.

Based on Pitts Bay Road and with offices in 16 countries and approximately 6,400 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading oil and gas companies,

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