Director Shareholdings

Tullow Oil PLC
20 September 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


Director named in 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)
As 2 above



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


Exercise of an option over shares granted on 2 May 2000 under the Tullow Oil 1998 Executive Share Option Scheme



7. Number of shares / amount of stock acquired


40,000



8. Percentage of issued class


0.006%



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


61p



13. Date of transaction


17 September 2004



14.Date company informed


17 September 2004



15. Total holding following this notification


101,706



16. Total percentage holding of issued class following this notification


n/a



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


n/a



24. Name of contact and telephone number for queries


Thomas Hickey 0207 333 6800



25. Name and signature of authorised company official responsible for making
this notification


Tom Hickey



Date of Notification


20 September 2004





















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