Tullow Oil Regulatory News (TLW)

Name of applicant:

Tullow Oil plc

Name of scheme:

1) Tullow Oil 2000 Executive Share Option Scheme ('2000 Scheme')

2) Tullow Oil 2010 Share Option Plan ('2010 Scheme')

3) Tullow Oil Performance Share Plan ('PSP')

4) Tullow Oil Employee Share Award Plan ('ESAP')

5) Tullow Oil Tullow Incentive Plan ('TIP')

Period of return:

From:

22 January 2016

To:

23 December 2016

Balance of unallotted securities under scheme(s) from previous return:

1) 2,049,545 - 2000 Scheme

2) 494,085 - 2010 Scheme

3) 2,778,188 - PSP

4) 16,445 - ESAP

5) 220,000 - TIP

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

1) nil - 2000 Scheme

2) nil - 2010 Scheme

3) nil - PSP

4) 750,000 - ESAP

5) nil - TIP

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

1) 0 ordinary shares of 10p each issued under the 2000 scheme

2) 0 ordinary shares of 10p each issued under the 2010 scheme

3) 210,609 ordinary shares of 10p each issued under the PSP

4) 605,099 ordinary shares of 10p each issued under the ESAP scheme

5) 0 ordinary shares of 10p each issued under the TIP scheme

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

1) 2,049,545 - 2000 Scheme

2) 494,085 - 2010 Scheme

3) 2,567,579 - PSP

4) 161,346 - ESAP

5) 220,000 - TIP

Name of contact:

Dean Bradford

Telephone number of contact:

+44 (0)203 2499 528