Tournigan Plans Private Placement

Tournigan Energy Ltd. (TVC: TSX-V; TGP: Frankfurt) (Tournigan or
the 'Company') plans to raise up to $3,000,000 from a non-brokered
private placement financing from the sale of up to 30,000,000 units
('Unit?) at a price of $0.10 per Unit. Each Unit will comprise one
common share and one-half of one common share purchase warrant. Each
whole warrant will entitle the holder to purchase one common share of
Tournigan at a price of $0.20 per share for a period of twenty-four
months from the closing date. The private placement is subject to
compliance with applicable securities laws and to receipt of regulatory
approval. The Company may pay finder′s fees on a portion of the
placement within TSX Venture Exchange allowable limits.

Tournigan intends to use the net proceeds of the private placement to
advance its high-grade Kuriskova uranium project in Slovakia and for
general working capital purposes.

About Tournigan Energy Ltd.

Tournigan is a uranium exploration and development company that has
built a portfolio of highly prospective assets in Slovakia, a member of
the European Union since 2004. Slovakia is economically and politically
stable, has excellent infrastructure and currently has four nuclear
reactors generating half of its electricity with two more under
construction. Tournigan is committed to safe and sustainable exploration
and mine development in Slovakia. In addition to Kuriskova, Tournigan
has several other exploration targets along the Slovakian uranium belt
which are showing positive exploration results.

TOURNIGAN ENERGY LTD.

'Dusty Nicol?

Dorian L. (Dusty) Nicol, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

Tournigan Energy Investor Relations

Knox Henderson, 604-683-8320

www.tournigan.com.