Tidewater Inc. (NYSE:TDW) announced today that its board of directors
has declared a quarterly dividend of $.25 per share on Tidewater's
approximately 51.7 million shares of common stock outstanding.
The dividend is payable June 16, 2009, to shareholders of record on June
5, 2009.
Tidewater Inc. owns 417 vessels, the world's largest fleet of vessels
serving the global offshore energy industry.

Tidewater Inc., New Orleans
Joe Bennett, Executive Vice President
and Chief Investor Relations Officer
504-566-4506