RNS Number:5027P
Tower PLC
29 July 2005






FOR IMMEDIATE RELEASE                                        29 July 2005

                                   Tower plc
                           ("Tower" or the "Company")

The Company announces that on 29 July 2005 it was informed that on that date,
Griffin Two Limited, a wholly owned subsidiary of Griffin Group plc ("Griffin")
had sold 352,000 ordinary shares of 1p each (the "Ordinary Shares") in the
capital of the Company. As a consequence, Griffin, and the entities under
control of Griffin, now has an interest in 31,281,773 Ordinary Shares, which
represents 7.96% of the entire issued share capital.

ENDS






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