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Teekay LNG Partners L.P. Declares Distribution

HAMILTON, BERMUDA — (Marketwire) — 10/12/12 — Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE: TGP), has declared a cash distribution of $0.675 per unit for the quarter ended September 30, 2012. The cash distribution is payable on November 9, 2012 to all unitholders of record on October 24, 2012.

About Teekay LNG Partners L.P.

Teekay LNG is the world–s third largest independent owner and operator of LNG vessels, providing LNG, LPG and crude oil marine transportation services primarily under long-term, fixed-rate charter contracts with major energy and utility companies through its interests in 27 LNG carriers (including one LNG regasification unit), five LPG/Multigas carriers and 11 conventional tankers. The Partnership–s interests in these vessels range from 33 to 100 percent. Teekay LNG Partners L.P. is a publicly-traded master limited partnership (MLP) formed by Teekay Corporation (NYSE: TK) as part of its strategy to expand its operations in the LNG and LPG shipping sectors.

Teekay LNG–s common units trade on the New York Stock Exchange under the symbol “TGP”.

Contacts:
Teekay LNG Partners L.P.
Kent Alekson
Investor Relations Enquiries
+1 (604) 609-6442

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