Re: Holding in Company

Tullow Oil PLC 16 December 2005 Tullow Oil Plc Re: Holding in Company A letter from Tullow Oil Plc to the Irish Stock Exchange, received by the Irish Stock Exchange on the 15 December 2005. Tullow Oil plc ('the Company') Holding in Company The Company was informed on 14 December 2005 by M & G Investment Management Limited (for and on behalf of Prudential plc) that as at 12 December 2005, Prudential plc and certain of its subsidiary companies have in aggregate a notifiable interest in 65,127,864 ordinary shares of 10 pence each representing 10.06 % of the issued share capital of the Company. The full text of the letter from M & G Investment Management Limited follows: A letter from M &G Investments dated 14 December 2005 sent to Tullow Oil plc The Company Secretary Tullow Oil plc 3rd Floor, Building 11 Chiswick Park 566 Chiswick High Road London W4 5YS Fax: 020 8994 5421 14 December 2005 Dear Sir/Madam, Companies Act 1985 (as amended): Disclosure of Interests in Shares In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'), we write to inform you that Prudential plc and certain of its subsidiary companies have a notifiable interest in the issued share capital of your company as detailed in the attached schedule. For the purposes of S210 of the Act, the address for those companies identified in the attached schedule is Laurence Pountney Hill London EC4R 0HH. Yours faithfully Richard Harding for and on behalf of Prudential plc Direct Line: 020 7548 3183 Direct Fax: 020 7548 3268 Enc. Notifiable Position Report for Tullow Oil ORD GBP0.10 As at 12 December 2005 Percentage holdings are calculated using an issued share capital of 647,211,073 ORD GBP0.10 shares Registered Holder Holdings % Prudential plc 65,127,864 10.06 Total Notifiable Interest MAGIM HSBC NOM (UK) 39,439 SALI NORTRUST NOMINEE LTD 128,612 A/C MHF01 NORTRUST NOMINEE LTD 952,710 A/C MHI01 NORTRUST NOMINEE LTD 1,515,511 A/C MHJ01 NORTRUST NOMINEE LTD 2,255,785 A/C MKB01 NORTRUST NOMINEE LTD 32,000,000 A/C MKK01 NORTRUST NOMS 22,664 NORTRUST NOMS LTD A/C 8,000,000 MEB01 NORTRUST NOMINEE LTD 11,482,863 A/C MEJ01 NORTRUST NOMINEE LTD 61,208 A/C PUF01 NORTRUST NOMINEE LTD 702,245 A/C PUR01 PRUCLT HSBC GIS NOM 5,038,396 (UK)PAC AC PRUCLT HSBC GIS NOM 2,760,084 (UK)PPL AC PRUCLT HSBC NOM(UK) 19,129 EQBF AC PRUCLT HSBC NOM(UK) 31,708 MNBF AC PRUCLT HSBC NOM(UK) 117,510 PENE AC 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)
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