Re: Holding in Company

Tullow Oil PLC 16 June 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Tullow Oil plc 2. Name of shareholder having a major interest FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries. 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 Notification relates to above-named shareholders' non-beneficial interests held through direct and indirect subsidiaries including: Fidelity Investment Services Ltd (FISL) and Fidelity Pension Management (FPM). The notifiable interests also comprise the notifiable interest of Edward C. Johnson 3d, a principal shareholder of FMR Corp. and Fidelity International Limited 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them 13,570,237 FISL Chase Nominees Ltd 499,016 FISL Chase Manhattan Bank London 514,000 FPM Citibank 271,000 FPM HSBC 392,900 FPM Bank of New York London 3,302,516 FIL MSS Nominees Ltd 1,190,168 FIL Bank of New York - Brussels 1,012,833 FIL Chase Nominees Ltd 220,848 FIL Bankers Trust 467,199 FIL Bank of Ireland 172,500 FIL HSBC Client Holdings Nominee (UK) Limited 632,300 FIL Chase Manhattan Bank London 1,109,681 FIL Northern Trust 124,000 FIL State Street Bank & Trust 1,624,700 FIL Bank of New York London 1,722,500 FIL Nortrust Nominees Ltd 65,013 FIL Deutche Bank 162,820 FIL Mellon Nominees Ltd 1,227,558 FIL JP Morgan 729,400 FIL State Street Nominees Ltd 868,400 FIL Morgan Stanley 5. Number of shares / amount of stock acquired 6. Percentage of issued class 7. Number of shares / amount of stock disposed 764,146 since last notification 8. Percentage of issued class 0.12% 9. Class of security Ordinary 10p shares 10. Date of transaction 11. Date company informed 15 June 2004 12. Total holding following this notification 29,879,589 13. Total percentage holding of issued class following this notification 4.78% 14. Any additional information Total shares in issue 625,380,144 15. Name of contact and telephone number for queries Tom Hickey 0207 333 6800 16. Name and signature of authorised company official responsible for making this notification Tom Hickey Date of notification 16 June 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

Companies

Tullow Oil (TLW)
UK 100