TWR (NZSX) Ann: BUYBACK: TWR: TOWER Limited buy back Offer

TWR 10/01/2014 11:10 BUYBACK REL: 1110 HRS Tower Limited BUYBACK: TWR: TOWER Limited buy back Offer 10 January 2013 Market Information NZX Limited Level 2, NZX Centre 11 Cable Street Wellington New Zealand Company Announcements Office Australian Stock Exchange Limited Exchange Centre Level 6, 20 Bridge Street Sydney NSW 2000 AUSTRALIA TOWER Limited buy back Offer TOWER Limited (TOWER) has today written to shareholders in advance of the closing date for the buy back Offer of Thursday 23 January 2014 (at 7.00pm New Zealand time). The Offer is conditional on TOWER receiving valid acceptances to the offer representing, in aggregate, at least 19,460,166 TOWER shares (being at least 10% of TOWER's market capitalisation on 26 November 2013, the date detailed buy back information was announced). For those shareholders who still wish to accept the Offer, TOWER suggests they act now to ensure their acceptance form is received before the closing date. Michael Boggs Chief Financial Officer TOWER Limited ARBN 088 481 234 Incorporated in New Zealand End CA:00245951 For:TWR Type:BUYBACK Time:2014-01-10 11:10:51