Tower Resources Regulatory News (TRP)

1. Identity of the issuer or the underlying issuer of existing shares  to which voting rights are attached:

Tower Resources Plc

2 Reason  for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person() subject to the notification obligation:

Quantum Pacific Management Limited, on behalf of itself and for each of Quantum Pacific International Limited and Gladebrooke Holdings Limited (as indirect holders)

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction and date on which the threshold is crossed or reached:

3 August 2012

6. Date on which issuer notified:

6 August 2012

7. Threshold(s) that is/are crossed or reached:

6%

8. Notified details:

A: Voting rights attached to shares

Class/type of

shares

if possible using the ISIN CODE

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GBOOB05KQ069

25,350,000

25,350,000

108,683,333

108,683,333

6.69%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

XV,  XVI

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration date XVII

Exercise/

Conversion period xviii

Number of voting  rights

instrument refers to

%of voting rights xlx,

XX

Nominal

Delta

Total (A+B+C)

Number of voting  rights

Percentage of voting rights

108,683,333

6.69%

13. Additional information:

Percentage shareholding based on

1,623,652,227 issued shares of the issuer, as published by the issuer.

14. Contact name:

Andri Smilas

15. Contact telephone number:

00357 25818533