TDW lists the following share/option holdings of mgt. and directors:

CEO PALMER -1,100,000 SHS

-1,450,000 OPS

CFO MARRELLI -57,460 SHS

- 275,000 OPS

DIR GAMMON -60,000 SHS

-1,125,000 OPS

DIR MCCREARY -30,000 SHS

-200,000 OPS

DIR PETERSON -1,124,000 SHS

-1,275,000 OPS

DIR REID -710,000 SHS

-1,200,000 OPS

MAJOR INST.

MACQUARIE BANK -5,174,500 SHS

-1,475,000 OPS

PURCHASES SINCE SEPT,2011(NO INFO GIVEN PRIOR TO THIS DATE)

PETERSON -NOV 8/11 40,000 SHS @ 2.45

GAMMON -NOV 8/11 10,000 SHS @ 2.45

MARRELLI -DEC 2/11 18,000 SHS @ 2.40

-DEC 12/11 6,300 SHS @ 2.30

-DEC 21/11 2,000 SHS @ 2.19

MACQUARIE BANK -MAR 26/12 5,158,100 SHS @ ????

-MAR 29/12 16,400 SHS @ 1.40

THERE HAVE NOT BEEN ANY OTHER PURCHASES AND NONE OF THE ABOVE SOLD ANY SHARES IN THIS TIME INTERVAL.