Director/PDMR Shareholding

Tullow Oil PLC 19 January 2007 Tullow Oil plc ('Tullow' or 'the Company') Awards of Shares under the Company's 2005 Deferred Share Bonus Plan Under annual bonus arrangements agreed in 2005, part of the annual performance related bonus of the executive directors of Tullow is satisfied by the award of shares under the Tullow Oil 2005 Deferred Share Bonus Plan ('Plan'). The Company announces in respect of the 2006 annual bonus that, on 18 January 2007, each of the following executive directors were granted awards over the number of ordinary shares of 10p each set out below under the terms of the Plan. In respect of the executive directors this notification is made in accordance with DR 3.1.4R (1)(a) and (b). Number of Deferred Share Bonus Plan Cumulative number of Deferred shares awarded 18 January 2007 Share Bonus Plan shares awarded Aidan Heavey 42,714 63,702 Tom Hickey 27,220 40,128 Graham Martin 25,126 38,034 Matthew O'Donoghue 2,147 15,324 Paul McDade 7,260 27,066 The awards granted on 18 January 2007 will normally vest on 1 January 2010 subject to continued employment. No consideration was paid for any of the awards and no consideration is due on vesting. Enquiries Tom Hickey Tullow Oil plc + 44 207 333 6800 19 January 2007 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Tullow Oil (TLW)
UK 100

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