Tower Automotive, Inc. is a global designer and producer of vehicle structural components and assemblies used by every major automotive original equipment manufacturer, including BMW, DaimlerChrysler, Fiat, Ford, General Motors, Honda, Hyundai/Kia, Nissan, Toyota, Volkswagen and Volvo. Products include body structures and assemblies, lower vehicle frames and structures, chassis modules and systems, and suspension components. Additional company information is available at http://www.towerautomotive.com DATE: March 28, 2007 FOR IMMEDIATE RELEASE TOWER AUTOMOTIVE FILES TERM SHEET WITH BANKRUPTCY COURT TO SELL COMPANY THROUGH A CHAPTER 11 PLAN http://www.towerautomotive.com/releases/2007/032807.htm