CORRECTION -- Trailer Bridge Reports 2008 Fourth Quarter and 2008 Financial Results

Company to Hold Conference Call On March 26, 2009 At 11:00 AM

• Press Release
• Source: Trailer Bridge
• On 6:07 pm EDT, Wednesday March 25, 2009

JACKSONVILLE, Fla., March 25, 2009 (GLOBE NEWSWIRE) -- In a release issued earlier today under the same headline by Trailer Bridge, Inc. (NasdaqGM:TRBR - News), note that edits were made to the ``Reconciliation of GAAP Net Loss, to Earnings Before Interest Taxes Depreciation & Amortization and Adjusted Earnings Before Interest Taxes Depreciation & Amortization'' table. The corrected table follows.

                          TRAILER BRIDGE, INC.
  RECONCILIATION OF GAAP NET LOSS, TO EARNINGS BEFORE INTEREST TAXES
   DEPRECIATION & AMORTIZATION AND ADJUSTED EARNINGS BEFORE INTEREST
                 TAXES DEPRECIATION & AMORTIZATION (1)

               Three months  Three months  Twelve months Twelve months
                  ended         ended          ended        ended
               December 31,  December 31,  December 31,  December 31,
                   2008          2007          2008          2007
               ------------  ------------  ------------  ------------

 GAAP, Net
  loss         $ (1,121,368) $    (67,334) $ (3,238,741) $   (250,610)
   Net
    interest
    expense       2,560,831     2,488,222    10,189,536     9,684,986
   Provision
    for income
    taxes             9,261        (1,900)        9,046     4,773,359
   Deprecia-
    tion and
    amortiza-
    tion          1,545,336     1,523,592     6,160,384     5,640,543
               ------------------------------------------------------
 Non-GAAP,
  EBITDA       $  2,994,060  $  3,942,580  $ 13,120,225  $ 19,848,278
               ------------------------------------------------------
 Adjustments:
   Stock com-
    pensation        99,900       151,680       399,601       397,239
   Strategic
    alterna-
    tive fees            --            --       390,231            --
   Loss (gain)
    on asset
    sales           123,048       (10,173)      232,397        55,421
   Anti-trust
    related
    legal
    expense         340,682            --     1,464,347            --
   CEO
    severance
    package         829,820            --       829,820            --
               --------------------------  --------------------------
   Total Ad-
    justments     1,393,450       141,507     3,316,396       452,660
               ------------------------------------------------------
 Non-GAAP,
  Adjusted
  EBITDA       $  4,387,510  $  4,084,087  $ 16,436,621  $ 20,300,938
               ======================================================

 Other
  financial
  measures:
   EBITDA
    margin              9.0%         12.5%          9.9%         17.1%
   Adjusted
    EBITDA
    margin             13.2%         13.0%         12.4%         17.9%
   Net debt to
    adjusted
    EBITDA               --            --           6.1x          5.0x
   Adjusted
    EBITDA to
    interest
    expense            1.69          1.58          1.59          1.98

          Trailer Bridge, Inc.
          Ralph W. Heim, President
          (800) 554 -1589
          www.trailerbridge.com

          The Equity Group Inc.
          TRBR Investor Relations Counsel:
          Adam Prior
          (212) 836-9606
          aprior@equityny.com
          www.theequitygroup.com