Tidewater Declares Quarterly Dividend on Common Stock

Tuesday, August 21, 2007
Tidewater Inc. announced that its board of directors has declared a quarterly dividend of $.15 per share on Tidewater's approximately 55.8 million shares of common stock outstanding. The dividend was declared by a unanimous written consent of the directors and is payable September 10, 2007, to shareholders of record on August 31, 2007.

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