Tidewater Announces Conference Call.

NEW ORLEANS -- Tidewater Inc. (NYSE: TDW) announced today that its fiscal 2009 first quarter (ended June 30, 2008) earnings release and conference call have been scheduled for Friday, August 1, 2008. The press release will be issued before the market opens, and the conference call will begin at 9:00 a.m. CDT.

Investors and interested parties may listen to the teleconference via telephone by calling 1-888-388-7493 if calling from the U.S. or Canada (1-706-679-8348 if calling from outside the U.S.) and ask for the "Tidewater" call just prior to the scheduled start. A replay of the conference call will be available beginning at 11:00 a.m. CDT on August 2, 2008, and will continue until 11:59 p.m. CDT on August 3, 2008. To hear the replay, call 1-800-642-1687 (1-706-645-9291 if calling from outside the US). The conference call ID number is 54793654.

A simultaneous webcast of the conference call will be accessible online at the Tidewater Inc. website, www.tdw.com, and at the CCBN website, www.streetevents.com. The online replay will be available until September 1, 2008.

Tidewater Inc. owns 457 vessels, the world's largest fleet of vessels serving the global offshore energy industry.