Placing of Equity

TomCo Energy PLC
19 March 2008


                                TomCo Energy plc
                           ('TomCo' or 'the Company')
                                       
                                Placing of Equity

TomCo is pleased to announce that it has placed 67,066,666 new ordinary shares
of 0.5p each ('Placing Shares') at a placing price of 1.5 pence per Placing
Share, raising approximately £1,000,000 before expenses. The placing proceeds
are expected to be used, primarily, to fund TomCo's obligations pursuant to its
acquisition of working interests in Israeli oil field Licenses held by Avenue
Energy Israel Ltd (AEI), which the Directors expect to complete by 20 March 2008

Application will today be made for the Placing Shares to be admitted to trading
on AIM, and admission is expected to become effective on 27 March 2008.
Following the issue of the Placing Shares the Company's issued share capital
will be 510,517,640 ordinary shares.

A further announcement regarding the investment in the oil field Licenses held
by AEI will be made in due course.

Enquiries:

TomCo Energy Plc [phone]
Howard Crosby

Strand Partners Limited [phone]
Warren Pearce

Bankside Consultants Ltd. [phone]
Simon Rothschild


Notes:
TomCo is an AIM listed company which continues to actively develop a conventional 
oil production profile in the South-Western United States.  The Company also owns
leases on approximately 3000 acres of shale oil holdings in Utah, estimated by 
SRK (an independent firm of mining consultants) to contain some 230 million 
barrels of oil.




                      This information is provided by RNS
            The company news service from the London Stock Exchange