TOWER LIMITED — Regulatory Filings 2012

Jun 25, 2012

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26 June 2012

Market Information Company Announcements Office NZX Limited Australian Stock Exchange Limited Level 2, NZX Centre Exchange Centre 11 Cable Street Level 6, 20 Bridge Street Wellington Sydney NSW 2000 New Zealand AUSTRALIA

Stock & Share Trading – additional low ball offer letter dated 20 June 2012

Further to our announcement dated 20 June 2012 in respect of the low ball offer letter dated 15 June 2012, TOWER Limited (TOWER) has again been advised that Stock & Share Trading Company Pty Limited (Stock & Share Trading) has written to some TOWER shareholders, letter dated 20 June 2012, offering to buy TOWER shares for $1.00 per share. The price offered of $1.00 per share is a substantial discount to the current market price of TOWER shares. The market price of TOWER shares on the NZX was $1.54 per share at close of trading yesterday.

TOWER understands that Stock & Share Trading is an Australian company, whose sole director and shareholder is John Armour.

Should you as a TOWER shareholder receive such an offer, TOWER strongly recommends that you seek independent advice and check the most recent market price for TOWER shares on the NZX.

Ends

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Bronwyn Walsh Company Secretary & Compliance Manager TOWER Limited ARBN 088 481 234 Incorporated in New Zealand

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