Trailer Bridge, Inc. announced that it has further extended the expiration of the Company's previously announced offers to acquire all of the outstanding secured notes due 2017 of the Company in exchange for shares of common stock of the Company or cash to 5:00 p.m., New York City time, on December 9, 2016. The Offers are being made pursuant to an Exchange and Tender Offer Memorandum, dated October 7, 2016, as amended by the Company's press releases dated November 4, 2016 and November 18, 2016 and as amended hereby, and the related letter of transmittal. All other terms and conditions of the Offers remain unchanged.

Based on the amount of valid tenders received as of 5:00 p.m., New York City time, on December 1, 2016, and giving effect to the agreement entered into with certain holders of the Notes committing to participate in the Exchange Offer, the amount of Notes participating in the Offers represents approximately 92.9% of the outstanding Notes.

Holders of the Notes may tender their Notes in the Offers by completing the Letter of Transmittal in accordance with the instructions contained therein. If any Notes have been lost, destroyed or stolen, then the holder thereof should promptly notify U.S. Bank National Association, the trustee under the indenture governing the Notes, at (651) 466-5606, regarding the requirements for replacement. Such holder will then be instructed as to the steps that must be taken to replace such Note(s).

About Trailer Bridge

The Company is an integrated trucking and marine freight carrier that provides freight transportation between the continental U.S., Puerto Rico, the Dominican Republic and other Caribbean Islands. The Company was the first company serving markets governed by the Jones Act to exclusively operate marine vessels fully configured to carry 40-foot and 53-foot long, 102-inch wide, "high-cube" equipment. The Company also utilizes tug/barge vessels to help achieve lower costs per unit mile at sea compared to traditional self-propelled vessels.