Teekay Announces Second Quarter 2009 Earnings Conference Call

* Reuters is not responsible for the content in this press release.

Thu Aug 27, 2009 4:00pm EDT 

  HAMILTON, BERMUDA, Aug 27 (MARKET WIRE) -- 
Teekay Corporation (Teekay or the Company) (NYSE: TK) plans to release
its financial results for the quarter before market open on Thursday,
September 3, 2009.

    The Company plans to host a conference call on Thursday, September 3,
2009 at 11:00 a.m. (ET) to discuss the results for the second quarter of
2009. All shareholders and interested parties are invited to listen to
the live conference call by choosing any of the following options:

    - By dialing (866) 321-8231 or (416) 642-5213 if outside North America
and quoting confirmation code 4424180;

    - By accessing the webcast, which will be available on Teekay's web site
at www.teekay.com (the archive will remain on the web site for a period
of 30 days);

    - A recording of the conference call will also be available until
Thursday, September 10, 2009 by dialing (888) 203-1112 or (647) 436-0148
and entering access code 4424180.

    About Teekay

    Teekay Corporation transports more than 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 165 vessels, offices in 17 countries and 6,800 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".

Contacts:
Teekay Corporation
Kent Alekson
Investor Relations Enquiries
+1 (604) 844-6654

Teekay Corporation
Nicole Breuls
Media Enquiries
+1 (604) 844-6631
www.teekay.com

Copyright 2009, Market Wire, All rights reserved.

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