Amended D&O Ongoing Disclosure – Graham Stuart

Please see attached the Ongoing Disclosure Notice for Graham Robert Stuart of Tower Limited ("TWR"). The attached amended disclosure has the following updates: ? Date of last disclosure - amended to 5 February 2014 ? Number held in class before acquisition or disposal - amended to 6,154 ? Number held in class after acquisition or disposal - amended to 93,846 ? Date of signature - amended to 13 Dec 2017 End CA:00311875 For:TWR Type:SHINTR Time:2017-12-13 16:24:10