Tower Group A/S - directed issue


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|                                      |              Copenhagen, 11 July 2008 |
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Tower Group A/S - directed issue                                                

The share capital of Tower Group A/S will be increased by 550,736 new shares    
each bearing a face value of DKK 10. The listing will take effect on 15 July    
2008.                                                                           

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| ISIN                      | Name                                             |
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| DK0011188035	             | Tower Group                                      |
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The capital increase has been registered with the Danish Commerce and Companies 
Agency.                                                                         

For further information, please see announcements from Tower Group, e.g.        
announcement of 10July 2008.                                                    



ISIN: DK0011188035 (VP: 1118803)                                                

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| Name:                          | Tower Group                                 |
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| Volume of shares before issue: | 7,487,089 shares (DKK 74,870,890)           |
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| Change:                        | 550,736 shares (DKK 5,507,360)              |
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| Volume of shares after change: | 8,037,825 shares (DKK 80,378,250)           |
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| Dividend:                      | Full for 2008                               |
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| Subscription price:            | DKK 115                                     |
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| Face value:                    | DKK 10                                      |
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| Short name:                    | TOWER                                       |
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| Share type:                    | AKTIE                                       |
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For further information, please contact: Helene Gaustad Jeppesen, Surveillance, 
tel. +45 33 93 33 66

Attachments

tower group - rettet emission - uk.doc