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NYSE:TK
NYSE:TNK

Teekay LNG Partners L.P. Announces Conference Call

November 24, 2008

HAMILTON, BERMUDA–(Marketwire – Nov. 24, 2008) – Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) plans to release the results of its previously announced financial restatement before market opening on Tuesday, November 25, 2008. The Partnership also plans to host a conference call on Tuesday, November 25, 2008 at 2:00 p.m. (ET) to review the Partnership’s restated results and discuss key elements of its financial position and outlook. All unitholders and interested parties are invited to listen to the live conference call by choosing any of the following options: – By dialing (866) 322-8032 or (416) 640-3406 if outside North America and quote confirmation code 3198467; – By accessing the webcast, which will be available on Teekay LNG’s web site at www.teekaylng.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 Tuesday, December 2, 2008 by dialing (888) 203-1112 or (647) 436-0148 and entering access code 3198467. An investor presentation to accompany this conference call will be made available on the Partnership’s web site at www.teekaylng.com prior to the start of the call. About Teekay LNG Teekay LNG Partners L.P. is a publicly-traded master limited partnership formed by Teekay Corporation (NYSE:TK) as part of its strategy to expand its operations in the LNG and LPG shipping sectors. Teekay LNG Partners L.P. provides LNG, LPG and crude oil marine transportation services under long-term, fixed-rate time-charter contracts with major energy and utility companies through its fleet of 15 LNG carriers, six LPG carriers and eight Suezmax class crude oil tankers. Two of the 15 LNG carriers are newbuildings scheduled for delivery between late-2008 and early-2009. Five of the six LPG carriers are newbuildings scheduled for delivery in 2009 and 2010. Teekay LNG Partners’ common units trade on the New York Stock Exchange under the symbol “TGP”.
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