HAMILTON, BERMUDA -- (MARKET WIRE) -- 10/29/12 -- Teekay Corporation (Teekay or the Company) (NYSE:TK) plans to release its financial results for the third quarter of 2012 before market open on Thursday, November 8, 2012.

The Company also plans to host a conference call on Thursday, November 8 at 11:00 a.m. (ET) to discuss the results for the third quarter of 2012. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options:

--  By dialing 1-800-820-0231 or 1-416-640-5926, if outside North America,
    and quoting conference ID code 7306074.
--  By accessing the webcast, which will be available on Teekay's website
    www.teekay.com (the archive will remain on the website for a period of
    30 days).

A supporting Third Quarter 2012 Earnings Presentation will also be available at www.teekay.com in advance of the conference call start time.

In addition to the webcast archive, the conference call with be recorded and available until Thursday, November 15, 2012. This recording can be accessed following the live call by dialing 1-888-203-1112 or 1-647-436-0148, if outside North America, and entering access code 7306074.

About Teekay Corporation

Teekay Corporation is an operational leader and project developer in the marine midstream space. Through its general partnership interests in two master limited partnerships, Teekay LNG Partners L.P. (NYSE:TGP) and Teekay Offshore Partners L.P. (NYSE:TOO), its controlling ownership of Teekay Tankers Ltd. (NYSE:TNK), and its fleet of directly-owned vessels, Teekay is responsible for managing and operating consolidated assets of over $11 billion, comprised of approximately 150 liquefied gas, offshore, and conventional tanker assets. 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, and its 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
www.teekay.com

Source: Teekay Corporation