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o.k., so this stock is no amazon. For long term investors it IS a wonderful time to buy. The company
is rewarding us patient investors with a little somethin. See following:

Thursday July 23, 10:45 am Eastern Time

Company Press Release

Tidewater Declares Quarterly Dividend on Common Stock

NEW ORLEANS--(BUSINESS WIRE)--July 23, 1998--Tidewater Inc. (NYSE:TDW - news)
announced today that its board of directors declared a quarterly dividend of $.15 per common share on
Tidewater's approximately 59 million shares of common stock outstanding.

The dividend was declared during a regular meeting of the board and is payable August 13, 1998 to
shareholders of record on August 3, 1998.

Tidewater owns and operates approximately 700 vessels, the world's largest marine fleet serving the
international offshore energy industry.
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