Director Shareholding

Tullow Oil PLC 10 May 2002 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1) Name of company Tullow Oil Plc Name of Director Rohan Courtney 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest As above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified) As above 5)Please state whether notification relates to a person(s) connected As above 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary Exercise and share of options 7) Number of shares/amount of stock acquired 60,764 8) Percentage of issued class 0.02% 9)Number of shares/amount of stock disposed 60,764 10) Percentage of issued class 0.02% 11) Class of security Ordinary 10p 12) Price per share 99.73p 13) Date of transaction 29/04/02 14) Date company informed informed 30/04/02 15) Total holding following this notification 16)Total percentage holding of issued class following this notification If a director has been granted options by the company please complete the following boxes 17) Date of grant 18)Period during which or date on which exercisable 19) Total amount paid (if any) for grant of the option 20) Description of shares or debentures involved: class, number 21) Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise 22) Total number of shares or debentures over which options held following this notification 23) Any additional information Exercise and Sale of 60,764 Options, Option Price 53p 24) Name of contact and telephone number for queries Tom Hickey Tel 00353 1 2602611 25) Name and signature of authorised company official responsible for making this notification Tom Hickey Date of Notification..10 May 2002 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Tullow Oil (TLW)
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