THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Tidewater Inc. (TDW)

6/15/2006 Proxy Information

Mr. O'Malley served as Chairman of Tidewater Inc. (a public offshore marine transportation, shipyard facilities and containerized shipping company headquartered in New Orleans) from 1994 to 2003, President from 1994 to 2001 and Chief Executive Officer from 1994 to 2002.

6/20/2005 Proxy Information

Prior to April 2002, William C. O'Malley served as Chief Executive Officer of Tidewater Inc.

6/4/2004 Proxy Information

Prior to April 2002, William C. O'Malley served as Chief Executive Officer of Tidewater Inc.

6/16/2003 Proxy Information

During fiscal 2003, we contracted with Bollinger Shipyards, Inc. (“Bollinger Shipyards”) for repair and storage services in the amount of approximately $1,300,713. The contracts were awarded to Bollinger Shipyards on the basis of competitive bidding and/or space availability. Donald T. Bollinger is the Chairman and Chief Executive Officer of Bollinger Shipyards and served as a director of our company prior to his resignation on May 6, 2002. We also entered into a $45 million contract on May 8, 2002, with Bollinger Shipyards on the basis of a competitive bid for the construction of four offshore supply vessels. In the opinion of management, all of our transactions with Bollinger Shipyards were on terms that were usual, customary, and no less favorable to us than would be available from unaffiliated parties.