Tullow Oil PLC
03 April 2006
Tullow Oil plc
3 April 2006
Tullow Oil plc ('Tullow' or 'the Company')
Awards of Shares under the Company's 2005 Deferred Share Bonus Plan
Under new 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 2005 annual bonus that, on 30
March 2006, 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 shares
awarded 30 March 2006
Aidan Heavey 20,988
Tom Hickey 12,908
Graham Martin 12,908
Matthew O'Donoghue 13,177
Paul McDade 19,806
The awards will normally vest on 1 January 2009 subject to continued employment.
No consideration was paid for any of the awards and no consideration is due on
vesting.
The Company was informed by the executive directors of the above transactions on
31 March 2006
Enquiries
Tom Hickey
Tullow Oil plc
+ 44 208 996 1000
This announcement has been issued through the Companies Announcement Service of
The Irish Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
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