TIDEWATER INC — Director's Dealing 2007

Mar 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2007-03-16

Reporting Person: Platt Jeffrey (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-16	Common Stock	S	1600	$54.24	Disposed	19364	Direct
2007-03-16	Common Stock	S	1300	$54.25	Disposed	18064	Direct
2007-03-16	Common Stock	S	700	$54.26	Disposed	17364	Direct
2007-03-16	Common Stock	S	500	$54.27	Disposed	16864	Direct
2007-03-16	Common Stock	S	200	$54.28	Disposed	16664	Direct
2007-03-16	Common Stock	S	400	$54.29	Disposed	16264	Direct
2007-03-16	Common Stock	S	300	$54.30	Disposed	15964	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	708	Indirect
Common Stock	865.5571	Indirect

Footnotes

F1: Acquired on a periodic basis by the Trustee of the Tidewater Inc. 401(k) Savings Plan. Includes shares acquired for the account through February 28, 2007.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously entered into by the Reporting Person.