Before Market Opens on Monday, September 15, 2008

TOR Minerals Meets Covenant Waiver Provision

CORPUS CHRISTI, Texas, September 15, 2008-- TOR Minerals International, Inc. (Nasdaq: TORM) announced that it has raised cash equity contributions via a private stock placement.  As previously announced, TOR received a waiver from Bank of America for being in technical violation of certain financial coverage ratios in its US Credit Facility.  One of the provisions of the waiver and amended agreement required that the company raise at least $1 million in cash not later than September 15, 2008, which the company has now satisfied.  The funds will be used for working capital purposes.

The cash equity contributions are part of a private placement the company is conducting with accredited investors.  The company expects to raise a total of up to $2.1 million through the sale of up to 70 investment units at a price of $30,000 per unit.  Each unit consists of 25,000 shares of TORM’s common stock and a warrant to purchase an additional 25,000 shares of TORM’s common stock.  Each warrant is exercisable for three years at a price of $2.00 per share.  The private placement offering is expected to close by September 30, 2008.

Headquartered in Corpus Christi, Texas, TOR Minerals is a global manufacturer and marketer of specialty mineral and pigment products for high performance applications, including synthetic titanium dioxide, color pigments, specialty aluminas, and other high performance mineral fillers.  TOR Minerals has manufacturing and regional offices located in the United States, Netherlands and Malaysia.

This statement provides forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, general economic conditions, including the present slow down in U.S. construction and the risks of a general business slow down or recession, the increasing cost of energy, raw materials and labor, competition, the receptivity of the markets for our anticipated new products, advances in technology, changes in foreign currency rates, freight price increase, commodity price increases, delays in delivery of required equipment and other factors.

Contact for Further Information:
David Mossberg
Beacon Street Group, LLC
(817) 310-0051