Teekay Tankers Ltd. Declares Dividend

Teekay Tankers Ltd. Declares Dividend 
HAMILTON, BERMUDA -- (Marketwire) -- 02/20/13 -- Teekay Tankers Ltd.
(NYSE:TNK) today announced that its Board of Directors has voted to
declare a cash dividend of $0.03 per share for the quarter ended
December 31, 2012. The cash dividend is payable on March 11, 2013 to
all shareholders of record on March 4, 2013. 
About Teekay Tankers Ltd. 
Teekay Tankers currently owns a fleet of 27 double-hull vessels,
including 11 Aframax tankers, 10 Suezmax tankers, three Long Range 2
(LR2) product tankers, three Medium-Range (MR) product tankers, and
has time-chartered in two Aframax tankers, which vessels an affiliate
of Teekay Corporation (NYSE:TK) manages through a mix of short- or
medium-term fixed-rate time-charter contracts and spot tanker market
trading. The Company also owns a VLCC newbuilding through a 50
percent joint venture, which is scheduled to deliver in the second
quarter of 2013. Teekay Tankers was formed in December 2007 by Teekay
Corporation as part of its strategy to expand its conventional oil
tanker business.  
Teekay Tankers' common stock trades on the New York Stock Exchange
under the symbol "TNK".
Teekay Tankers Ltd.
Kent Alekson
Investor Relations Enquiries
+1 (604) 844-6654
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