Teekay Tankers Ltd. Declares Dividend

Teekay Tankers Ltd. Declares Dividend 
HAMILTON, BERMUDA -- (Marketwired) -- 05/08/13 -- 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
March 31, 2013. The cash dividend is payable on May 28, 2013 to all
shareholders of record on May 20, 2013. 
About Teekay Tankers Ltd. 
Teekay Tankers currently owns a fleet of 31 double-hull vessels,
including 11 Aframax tankers, 10 Suezmax tankers, seven Long Range 2
(LR2) product tankers (including four committed newbuildings), three
Medium-Range (MR) product tankers and has two time-chartered in
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-owned 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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