X0303 4 2010-11-29 0 0000862510 TRANSATLANTIC HOLDINGS INC TRH 0001236433 ORLICH ROBERT F TRANSATLANTIC HOLDINGS, INC. 80 PINE STREET NEW YORK NY 10005 1 1 0 0 President & CEO Common Stock 2010-11-29 4 M 0 333 50.80 A 71706 D Stock Option (Right to Buy) 50.80 2010-11-29 4 M 0 56249 0.00 D 2004-11-30 2010-11-30 Common Stock 56249 0 D On November 29, 2010, Mr. Orlich exercised options for 56,249 shares using previously owned shares to pay for the options pursuant to the option plan. This acquisition reflects the number of options exercised net of the shares used for the exercise price (55,604 shares) and the taxes (312 shares) for the transaction. These options were granted under TRH's 2000 Stock Option Plan. /s/ Gary A. Schwartz by Power of Attorney for Robert F. Orlich 2010-12-01