The Chairman of the Board, President and Chief Executive Officer of Transat A.T. Inc., Jean-Marc Eustache, and the Vice-President, Finance and Administration and Chief Financial Officer, Nelson Gentiletti, invite financial analysts and journalists to take part in a conference call on the First Quarter Results of 2005.

The first part of the call will be devoted to analysts' questions. Transat management will then answer questions from journalists.

Date: Wednesday, Mach 16, 2005

Time: 11:00 a.m.

Telephone: To join in, dial 1-800-564-4672 or 514-397-9447 and request the Transat conference call.

Webcast: The conference call will be available on the company's site www.transat.com.