RNS Number:2899P
Tower PLC
25 July 2005

FOR IMMEDIATE RELEASE                                               25 July 2005



                                   Tower plc

                           ("Tower" or the "Company")


The Company announces that on 22 July 2005 it was informed that on that date,
Griffin Securities (UK) Limited, a wholly owned subsidiary of Griffin Group plc
("Griffin") had sold 10,000,000 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 31,633,773 Ordinary Shares,
which represents 8.05% of the entire issued share capital.



Ends


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