The last registered capital of the company is 216,000,000,000 (two hundred and sixteen billion) Rials. Following the resolutions of the Board of Directors of the Company passed on July 10th, 2002, the Company was finally accepted by stock market on October 27th, 2004 and, consequently, Tidewater's legal form was changed to Public Corporation.

List of Stockholders & Shareholders:

Shareholding Percent	Number of Holding Shares	Stockholder (Shareholder)'s Name
58.8	127,000,000	( Negin Sahel Royal (Joint Stock Company
2.2	4,803,074	(State Privatization Organization (by Proxy
39	4,803,074	Other Shareholders

The last capital increase data of the company is summarized as follows:

The Year	Capital Increase (million Rials)	Capital After Increment (million Rials)
1997	2990	3000
2000	6000	9000
2002	9000	18000
2003	18000	36000
2004	108000	144000
2005	72000	216000