Board Changes

Titanium Asset Management Corp
21 April 2008


                        Titanium Asset Management Corp.
                                 Board Changes

Titanium Asset Management Corp. ('Titanium' or the 'Company') (AIM: TAM)
announces that, following the recent acquisition of National Investor Services,
Inc. which constituted a Qualified Business Combination under the terms of its
certificate of incorporation, the board of the Company has reviewed the roles
and responsibilities of its executive directors and is making two changes.

John Sauickie, who has served as the Company's CEO since its IPO in June 2007,
is stepping down from the board to focus full time on the management of US
equity strategies at the Company's subsidiary, Wood Asset Management, Inc.,
having previously divided his time between his executive and fund management
roles. This move will take immediate effect. Wood's principal activity is the
management of mid- and large-cap US equities based on its own fundamental
research. Clients include high net worth individuals, foundations, pension 
plans and brokerage firms.

At the same time, Nigel Wightman, currently the Chairman of Titanium and a 
30-year international asset management industry veteran, will become the 
Company's CEO. Prior to joining Titanium he held senior management roles at a 
number of major international asset management companies including State Street 
and NM Rothschild.

These moves will allow John Sauickie to focus his full attention on the 
management of client portfolios amid volatile market conditions while Nigel 
Wightman assumes responsibility for the next stage in the development of the 
Company.

For further information:

Titanium Asset Management Corp.
Nigel Wightman, Chairman and CEO                          + 44 7789 277849

Seymour Pierce Ltd
Jonathan Wright                                           + 44 20 7107 8000

Penrose Financial
Gay Collins                                               + 44 20 7786 4888
Kay Larsen
[e-mail]




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