Grant of options

Tower Resources PLC 21 September 2007 Tower Resources Plc (the 'Company') Grant of options The Company announces that on 20 September 2007 it granted options to Peter Kingston, Executive Chairman of the Company and Marilyn Hill, General Manager of the Ugandan operations as below: Name Number of Exercise Price Date from which the Expiry of options options options are exercisable Peter Kingston 1,000,000 2.75p 20 September 2008 20 September 2012 Marilyn Hill 1,000,000 2.75p 20 September 2008 20 September 2012 The Company has also issued 454,545 new ordinary shares of 0.1p each in the Company ('Ordinary Shares') to Peter Kingston as part of his consultancy agreement. Application for admission of the new Ordinary Shares to trading on AIM is expected to occur on 27 September 2007. Following admission, the Company will have 537,107,878 Ordinary Shares in issue. For further information, please contact: Tower Resources plc www.towerresources.co.uk Peter Kingston, Chairman 07802 804852 Blue Oar Securities Rhodri Cruwys 020 7448 4400 Aquila Financial Limited www.aquila-financial.com Peter Reilly 020 7202 2600 Yvonne Fraser This information is provided by RNS The company news service from the London Stock Exchange
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