X0101 42003-06-30 0001170565 WEATHERFORD INTERNATIONAL LTD WFT 0000908428 MACAULAY WILLIAM E 1000Phantom Stock Units02003-06-304A01242.52A1988-08-081988-08-08Common Shares12990DPhantom Stock Units02003-06-304A0250A1988-08-081988-08-08Common Shares251015DThe 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 attorney2003-07-01