Further Placing

TomCo Energy PLC
07 February 2007

                  TomCo Energy Plc ('TomCo' or 'the Company')

  Further placing of 20,010,000 new ordinary shares at 2.5 pence each to raise
                                £500,250 (gross)

The Board of TomCo, the AIM-listed oil investment company, is pleased to
announce that a total of £500,250 has been raised through a further placing of
20,010,000 ordinary shares of 0.5p ('Ordinary Shares') at a placing price of
2.5p ('Further Placing'). The new Ordinary Shares issued pursuant to the Further
Placing are expected to be admitted to trading on AIM on 8 February 2007.

The total gross amount raised in the placings pursuant to the acquisition of The
Oil Mining Company Inc. is therefore £1,781,200, with £1,280,950 having been
raised in the placing announced on 22 December 2006. As a result of the Further
Placing the total number of Ordinary Shares in issue has increased to
440,582,602.

The Board is confident that the funds raised will allow a greater investment
programme in oil production and exploration than originally anticipated.

The Company is currently examining a number of suitable investment prospects and
expects to announce further participations in producing oil wells and
exploration in due course.

Contact:

TomCo Energy Plc
Stephen Komlosy                            Tel: [phone]

Strand Partners Limited
Simon Raggett                              Tel: [phone]
Warren Pearce
Thomas Lockyer

Bankside Consultants
Simon Rothschild                           Tel: [phone]
Louise Mason




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