Transat A.T. Inc.  – Annual and Special Meeting of Shareholders

Montreal, Qc, Canada, April 20, 2005

Jean-Marc Eustache, Chairman of the Board and President and Chief Executive Officer of Transat A.T. Inc, and Nelson Gentiletti, Vice-President, Finance and Administration and Chief Financial Officer, invite the media to attend the Annual and Special Meeting of Shareholders of the Corporation. During the meeting, Transat's 2004 financial results and achievements will be discussed.

A press briefing will be held immediately after the meeting.

Annual Meeting:
Date: Wednesday, April 27, 2005
Place: Fairmont The Queen Elizabeth Hotel
         Marquette/Jolliett Room
         900, boul. René-Lévesque Blvd. West
         Montreal

Time: 10:00 a.m. (Eastern Standard Time)

Webcast : www.transat.com

Press Briefing: Following the meeting, at around 11 a.m. Matapedia Room