Tower Resources

Tower Resources Plc

Final Results for the 18 Months Ended 31 December 2006

Tower Resources plc (Tower” or “the Company”), the AIM-listed oil and gas exploration and production company today announces its final results for the 18 months ended 31 December 2006.

Highlights:

• Uganda
o Encouraging results from gravity and magnetic data
o 2D seismic shoot to commence in September 2007
o Two wells anticipated early in 2008

• Namibia
o Very large structures identified from seismic
o One structure coincident with strong gas indications
o Farm out discussions underway

Commenting on the results, Peter Kingston, Executive Chairman of Tower said:

“The evaluation programmes under way since the beginning of 2006 have yielded very encouraging results in both Uganda and Namibia and the Board’s optimism about prospectivity in both Licences has steadily increased over the review period. The success achieved by other operators in Uganda has raised awareness of what promises to be an exciting new oil production province  The year ahead will see significant tangible development.”

For further information, please contact:

Tower Resources plc                            www.towerresources.co.uk
Peter Kingston, Executive Director          01985 211780

Blue Oar Securities*
Olly Cairns                                          020 7448 4400

Aquila Financial Limited                         www.aquila-financial.com
Peter Reilly                                         020 7202 2600
Yvonne Fraser     

*Blue Oar Securities was formerly Corporate Synergy Plc and acts as Nominated Advisor and Broker for the Company.