TIDEWATER INC — Director's Dealing 2004

Feb 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2004-02-02

Reporting Person: OMALLEY WILLIAM C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-02	Common Stock	S	17900	$32.05	Disposed	340926	Direct
2004-02-02	Common Stock	S	400	$32.06	Disposed	340526	Direct
2004-02-02	Common Stock	S	3400	$32.07	Disposed	337126	Direct
2004-02-02	Common Stock	S	2200	$32.08	Disposed	334926	Direct
2004-02-02	Common Stock	S	10800	$32.09	Disposed	324126	Direct
2004-02-02	Common Stock	S	8700	$32.10	Disposed	315426	Direct
2004-02-02	Common Stock	S	500	$32.11	Disposed	314926	Direct
2004-02-02	Common Stock	S	5200	$32.12	Disposed	309726	Direct
2004-02-02	Common Stock	S	200	$32.14	Disposed	309526	Direct
2004-02-02	Common Stock	S	300	$32.16	Disposed	309226	Direct
2004-02-02	Common Stock	S	600	$32.18	Disposed	308626	Direct
2004-02-02	Common Stock	S	3100	$32.20	Disposed	305526	Direct
2004-02-02	Common Stock	S	1100	$32.25	Disposed	304426	Direct
2004-02-02	Common Stock	S	100	$32.26	Disposed	304326	Direct
2004-02-02	Common Stock	S	1900	$32.27	Disposed	302426	Direct
2004-02-02	Common Stock	S	2200	$32.28	Disposed	300226	Direct
2004-02-02	Common Stock	S	4900	$32.29	Disposed	295326	Direct
2004-02-02	Common Stock	S	14800	$32.30	Disposed	280526	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	615	Indirect

Footnotes

F1: This is second of two Forms 4 filed by the reporting person on the same date.

F2: Acquired on a periodic basis by the Trustee of Tidewater 401k Savings Plan. Includes shares acquired for reporting person's account through January 31, 2004.