Namibia Farmout

Tower Resources PLC
20 September 2007


PRESS RELEASE
20 September 2007


                  TOWER RESOURCES: APPROVAL OF NAMIBIA FARMOUT


Tower Resources ('Tower'), the AIM listed oil and gas exploration company, has
been advised that the Minister of Mines and Energy of the Republic of Namibia
has approved the farmout by Tower's wholly-owned subsidiary Neptune Petroleum
(Namibia) Limited ('Neptune') of an 85% interest in its Licence, covering
offshore blocks 1910A, 1911 and 2011A, to Arcadia Petroleum Limited (Arcadia).
The Minister has also approved the transfer of the Operatorship of the Licence
to Arcadia.

Under the terms of the farmout, Arcadia has committed to fully fund a programme
of activity in four parts which includes:

  * cost associated with shooting the recently completed 2-Dimensional seismic
    programme and further costs arising from its interpretation;
  * shooting and interpreting a 3-Dimensional seismic programme, presently
    contemplated in early 2008;
  * an exploration commitment well;
  * a second well which might be an appraisal well or a second exploration
    well.

Arcadia has the option to withdraw from its commitment at the end of each of
these four stages of operation or to assign all or part of its interest to a
third party agreeing to meet the funding commitment. In the case of withdrawal
and failure to assign, the full 85% interest will revert to Neptune. Arcadia
will also reimburse 85% of certain historic costs to Tower.

Arcadia Petroleum Limited is a substantial trader of oil and related products.
They bring considerable financial strength to the Licence as well as access to
very relevant expertise in exploration, development and shipment of oil and
natural gas.

Peter Kingston, Tower's Chairman has welcomed the introduction of such a strong
partner. 'Arcadia shares Tower's belief that the Licence has the potential to
contain giant gas fields. In particular, the discovery of large volumes of gas
can be developed effectively given Arcadia's financial strength and its access
to appropriate technology. Activity now promises to progress quickly and the
potential of the Licence is genuinely exciting.'

End


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



Notes to Editors

Tower Resources Plc is an AIM-listed, independent oil and gas exploration
company based in London.

The company is focused on sub-Saharan Africa, holding 100% exploration licences
in Namibia and Uganda through its two operating subsidiaries Neptune Petroleum
(Namibia) Ltd and Neptune Petroleum (Uganda) Ltd.

The company's assets include; blocks 1910A, 1911 and 2011A offshore Namibia and
onshore block 5 in Northern Uganda.




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