X0202 4 2005-09-29 0001170565 WEATHERFORD INTERNATIONAL LTD WFT 0001188798 RAYNE ROBERT A 33 ROBERT ADAM STREET LONDON X0 W1U 3HR UNITED KINGDOM 1 0 0 0 Common Shares, $1.00 par value 2005-09-29 4 A 0 3000 A 6279 D Phantom Stock Units 2005-09-30 4 A 0 19 69.23 A Common Shares 19 4352 D Phanton Stock Units 2005-09-30 4 A 0 38 0 A Common Shares 38 4390 D Transaction is a grant of restricted stock and therefore has no price. Shares vest in three equal annual installments beginning on September 29, 2006. Does not include 595,500 shares held by London Merchant Securities plc, of which the Reporting Person is Chief Executive Director, and its subsidiaries. The Reporting Person disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 or any other purpose. The phantom stock units convert to common shares on a one-for-one basis. All phantom stock units credited under the Company's Deferred Compensation Plan for Non-Employee Directors (the "Plan") are 100% vested at all times. Distributions under the Plan are made beginning on a specified date selected by the participant or upon a participant's death or termination of service as a director. Burt M. Martin, by Power of Attorney 2005-10-03