Tidewater CFO To Retire

Maritime Activity Reports, Inc.

August 15, 2000

Tidewater has noted that its executive vice president and CFO, Ken C. Tamblyn, will retire on August 31. Following a 20-year career as a partner with the accounting firm KPMG, Tamblyn joined the company as CFO in 1986.

J. Keith Lousteau, Tidewater's senior vice president and treasurer was appointed Tamblyn's successor. A 23-year veteran of the company, Lousteau will assume the position of CFO.

Tidewater also promoted Joseph M. Bennett, the company controller to the additional position of vice president.

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