Holding in Company

Tullow Oil PLC 13 March 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: TULLOW OIL PLC 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify): ( ) 3. Full name of person(s) subject to the notification obligation: BlackRock, Inc. 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 11 March 2008 6. Date on which issuer notified: 12 March 2008 7. Threshold(s) that is/are crossed or reached: Gone below 13% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction using the ISIN CODE Number of shares Number of voting Rights Ord 10p GB0001500809 100,302,314 100,302,314 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights % of voting rights possible using the ISIN CODE Direct Direct Indirect Direct Indirect Ord 10p N/A N/A 93,356,120 N/A 12.97% GB0001500809 B: Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration Exercise/ Number of voting % of Date Conversion Period/ rights that may be voting Date acquired if the rights instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights 93,356,120 12.97% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Richard Taylor, Deputy Company Secretary 15. Contact telephone number: 0208 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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Tullow Oil (TLW)
UK 100

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