Tower Energy Appoints Director and President

    TWR: TSX Venture Exchange

    VANCOUVER, March 5 /CNW/ - Tower Energy Ltd. ("Tower" or the "Company")
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.


    Per: "Charles Ross"

    The TSX Venture Exchange has neither approved nor disapproved of the
    information contained herein.

For further information:

For further information: Charles Ross, Director, TOWER ENERGY LTD.,
Suite 2110 - 1177 W. Hastings Street, Vancouver, BC, Canada V6E 2K3, Tel:
(604) 669-4340, Fax: (604) 681-5259, Email:, Website:; Richard Cohen, Director, Tel.: (905) 882-4422, Fax: (905)
882-4435, Email:, Website:

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