(c) Appointment of Chief Accounting Officer. On November 14, 2008, Trico Marine Services, Inc. (the "Company") announced that, effective October 15, 2008, Lisa Curtis, age 42, was appointed Chief Accounting Officer of the Company. Ms. Curtis' annual base salary is $200,000.

Ms. Curtis was previously employed by Grant Prideco (now National Oilwell Varco), a leader in drill stem technology development and drill pipe manufacturing, sales and service, a global leader in drill bit and specialty tools, manufacturing, sales and service and a leading provider of high-performance engineered connections and premium tubular products and services, in various financial management positions, including as assistant controller and manager of financial reporting, since 2000.

Annual Incentive Plan Participation for Lisa Curtis. For the fiscal year ending December 31, 2008 (the "2008 Fiscal Year"), Ms. Curtis will participate in the Company's Annual Incentive Plan (the "Incentive Plan"). The Incentive Plan will make Ms. Curtis eligible for bonus payments based upon achieving target performance levels. The payout multiples and target mix and weighting of the performance goals under the Incentive Plan for Ms. Curtis as Chief Accounting Officer for the 2008 Fiscal Year will be as follows:

Payout Multiples

Threshold Incentive Compensation (% of base salary)     15 %
Target Incentive Compensation (% of base salary)        30 %
Maximum Incentive Compensation (% of base salary)       60 %

Performance Measures

Safety                                                  20 %
Corporate EBITDA                                        35 %
Return on Capital                                       25 %
Individual                                              20 %

There are no arrangements or understandings between Ms. Curtis and any other person pursuant to which she was selected as Chief Accounting Officer. The Company is not aware of any transaction in which Ms. Curtis has an interest requiring disclosure under Item 404(a) of Regulation S-K.

On November 14, 2008, the Company announced that Mr. Geoff Jones, the Vice President and Chief Financial Officer of the Company, will provide a company update at the Imperial Capital 2nd Annual Global Opportunities Conference in New York, New York, on Tuesday, November 18, 2008, at 11:20 (EST).

In accordance with General Instruction B.2. of Form 8-K, the information presented herein shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such a filing.