Trico Marine Services Prices Public Offering of Common Stock

Trico Marine Services says the pricing on October 18, 2005 of 3,900,000 shares of its common stock (the "Offering") at a public offering price of $24.00 per share. In addition to the shares offered by the Company, the underwriters have a 30-day over-allotment option to purchase up to an additional 585,000 shares of common stock from the Company at the same price per share. The Company's common stock has been approved for listing on the Nasdaq National Market under the symbol "TRMA."

The Company intends to use the net proceeds, as well as any proceeds from the underwriters' over-allotment option, if exercised, primarily to repay existing indebtedness and for general corporate purposes.

Lehman Brothers is acting as book-running manager for the offering. Jefferies & Company, Inc., Lazard Capital Markets and Simmons & Company International are acting as co-managers. The offering is being made only by means of a prospectus and related prospectus supplement, a copy of which may be obtained from Lehman Brothers Inc., c/o ADP Financial Services, Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717, Fax: 631-254-7268.

A copy of the registration statement may be obtained by contacting the Secretary of the Company at Trico Marine Services, Inc., 2401 Fountainview Drive, Suite 920, Houston, Texas 77057 or by telephone at (713) 780-9926, or via the internet at the Company's website at
Company: Trico Marine Services more info
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