Tower Energy Appoints Director and President

Tower Energy Ltd. is pleased to announce the appointment of Paul Ray as a Director and President. Mr Ray has been the Chairman and Chief Executive of Heritage Petroleum Plc and also the President and Director of Golden Dynasty Resources Limited. Mr. Ray joins the Company as its President replacing Mr. James Watt who has resigned for personal family matters.

The Company want to thank Mr. Watt for his service and support to the Company and wish him the best in his future endeavours.

Mr. Ray has over 30 years experience in the exploration and mining industry specializing in surveying and project management. Educated in Brisbane, Queensland, Australia, Mr Ray joined Theiss Brothers in the late 1960's and went on to become involved in numerous exploration projects while employed by Placer Development Pty Limited, Amoco Minerals Australia Company and Cyprus Limited, within Australia and Asia.

Since 1989, Mr Ray has been a director of numerous exploration companies, a consultant to the mining industry and an active investor in this field. -- www.cnxmarketlink.com