Tower Properties CompanyOTC: TPRP

Real Estate Contract For Purchase of West Park II Office Building

· Issued by Tower Properties Company

On August 20, 2010, the Company entered into a real estate contract to purchase the office building at 12647 Olive Boulevard (West Park II) in St. Louis, Missouri.  The purchase price is $14,750,000 and the purchase is expected to close in November 2010.