TIDEWATER INC — Director's Dealing 2007

May 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2007-05-25

Reporting Person: LABORDE CLIFFE F (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-25	Common Stock	F	1496	$65.15	Disposed	20343	Direct

Footnotes

F1: Withholding of shares to pay taxes.