Titanium Asset Management Corp.
Resignation of Non-Executive Director
Milwaukee, WI, March 12, 2013 - Titanium Asset Management Corp. (AIM:TAM) (the "Company") announces that effective as March 11, 2013, Mr. Ron Braverman has resigned from our board of directors for personal reasons.
Our chairman, Mr. Robert Brooks, commented: "On behalf of Brian Gevry and myself, we want to thank Ron for his service to the Company as a director and wish him nothing but the best going forward."
For further information please contact:
Titanium Asset Management Corp.
Robert Brooks, Chairman +1 312-335-8300
Titanium Asset Management Corp.
Brian Gevry, Chief Executive Officer +1 216-771-3450
Cantor Fitzgerald Europe
David Foreman/Guy Peters +44 20 7107 8000