NEW YORK, Dec. 21, 2011/PRNewswire/ -- Transatlantic Holdings, Inc. (NYSE: TRH) ("Transatlantic") today announced that it has set a record date and a meeting date for a special meeting of its stockholders to consider and vote upon the adoption of the previously announced Agreement and Plan of Merger, dated as of November 20, 2011, by and among Transatlantic, Alleghany Corporation (NYSE: Y) ("Alleghany") and Shoreline Merger Sub, Inc. (formerly, Shoreline Merger Sub, LLC).

Transatlantic stockholders of record at the close of business on Wednesday, January 4, 2012, will be entitled to receive the notice of, and to vote at, the special meeting.  The special meeting will be held on Monday, February 6, 2012, at 10:00 a.m., New York Citytime, at The Down Town Association, 60 Pine Street, New York, N.Y.  

Goldman, Sachs & Co. and Moelis & Company LLC are acting as financial advisors and Gibson, Dunn & Crutcher LLP is acting as legal counsel to Transatlantic.

About Transatlantic Holdings, Inc.

Transatlantic Holdings, Inc. is a leading international reinsurance organization headquartered in New York, with operations on six continents. Its subsidiaries, Transatlantic Reinsurance Company®, Trans Re Zurich Reinsurance Company Ltd. and Putnam Reinsurance Company, offer reinsurance capacity on both a treaty and facultative basis

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