Director Shareholding

Tullow Oil PLC 22 December 2004 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1. Name of company Tullow Oil plc 2. Name of director Thomas Hickey 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 2.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) Computershare Trustees (Ireland) Limited 5. Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s) n/a 6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary Trustee Purchase of Securities (''Partnership Shares'') and receipt of an award of free shares (''Matching Shares') under a Revenue approved Share Incentive Plan at the end of an accumulation period for savings. 7. Number of shares / amount of stock acquired 690 (345 purchased Partnership Shares and 345 free Matching Shares) 8. Percentage of issued class 0.0001% 9. Number of shares/amount of stock disposed n/a 10. Percentage of issued class n/a 11. Class of security Ordinary Shares of 10p 12. Price per share Euro 2.17 13. Date of transaction 21 December 2004 14. Date company informed 21 December 2004 15. Total holding following this notification 103,120 16. Total percentage holding of issued class following this notification 0.016% If a director has been granted options by the company please complete the following boxes. 17. Date of grant n/a 18. Period during which or date on which exercisable n/a 19. Total amount paid (if any) for grant of the option n/a 20. Description of shares or debentures involved: class, number n/a 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise n/a 22. Total number of shares or debentures over which options held following this notification n/a 23. Any additional information The Partnership and Matching Shares will normally be held in trust for a period of two years after which the Matching Shares may be left in trust for a further year when they are automatically transferred to the participant. Partnership Shares and Matching Shares may be sold or transferred before expiry of the two year holding period on cessation of employment in certain compassionate circumstances. 24. Name of contact and telephone number for queries Richard Taylor 0207 333 6800 25. Name and signature of authorised company official responsible for making this notification Richard Taylor Deputy Secretary Date of Notification 22 December 2004 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. 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

Companies

Tullow Oil (TLW)
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