April 13, 2005

Promotions at Tidewater

Tidewater Inc. (NYSE:TDW) has promoted Joseph M. Bennett to Senior Vice President, Principal Accounting Officer, Chief Investor Relations Officer; William R. Brown IV to Vice President; and Craig Demarest to Controller

Mr. Bennett has held an Officer position at Tidewater for 13 years. He joined Tidewater in March 1990 as Corporate Controller and was promoted to Vice President and Principal Accounting Officer in August 2001. He has oversight responsibility for all accounting activities as well as the timely reporting of financial information to the Securities and Exchange Commission while ensuring continuous communication with shareholders and the investment community.

Mr. Bennett graduated from the University of New Orleans with a Bachelor of Science Degree in Accounting. He lives in New Orleans, Louisiana, with his wife, Claire, and has four children.

Mr. Brown joined Tidewater in July 2003 as Vice President-Engineering and Technical Services for Tidewater Marine LLC. In his current role as Vice President for Tidewater Inc., he is responsible for Quality Shipyards LLC as well as the overall management of the engineering and technical services group, which performs engineering, procurement, and project management for the company's worldwide fleet, including its new vessel construction program. He brings over 29 years of experience in general management, administration, fabrication and marine project management, marine operations and structural design engineering.

Mr. Brown graduated from Louisiana Tech University with a Bachelor of Science Degree in Civil Engineering. He lives in New Orleans with his wife, Cynthia, and has three daughters.

Mr. Demarest joined Tidewater in May 2004 as Corporate Controller and was recently promoted to the officer position of Controller. In this capacity, he is responsible for the day-to-day accounting activities as well as coordinating and reviewing the monthly, quarterly and annual consolidated financial statements of the Company. He brings 17 years of experience from KPMG where he served as an audit partner and was responsible for the audits of a wide variety of clients, both publicly held and privately owned, primarily in the energy service, marine transportation and outdoor advertising industries.

Mr. Demarest graduated from Louisiana State University with a Bachelor of Science Degree in Accounting. He lives in New Orleans, with his wife, Melissa, and their two children.

Tidewater Inc. owns and operates nearly 570 vessels, the world's largest fleet of vessels serving the global offshore energy industry


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