Re-admission to AIM

Titanium Asset Management Corp
01 October 2007


Titanium Asset Management Corp.
1 October 2007


Not for release, publication or distribution in whole or in part in or into the 
United States, Canada, Australia, Republic of South Africa or Japan

                        TITANIUM ASSET MANAGEMENT CORP.
                                        
  COMPLETION OF ACQUISITIONS OF WOOD ASSET MANAGEMENT INC, SOVEREIGN HOLDINGS,
           LLC AND CERTAIN CLIENT MANDATES OF SIESTA KEY CAPITAL, LLC
                                        
                              RE-ADMISSION TO AIM

HIGHLIGHTS

• Titanium completes its first acquisitions since admission to AIM in June 2007

• Stockholders representing an overwhelming majority of the Company's Shares 
  voted in favour of approving the acquisitions

• Titanium has acquired Wood Asset Management Inc, Sovereign Holdings, LLC and 
  will acquire certain client mandates of Siesta Key Capital, LLC

• Following completion of the acquisitions, the Company will have approximately
  U.S.$3.33 billion of assets under management

For further information:

Titanium Asset Management Corp.
John Sauickie, Chief Executive Officer          [phone]
Nigel Wightman, Executive Director              + 44 7789 277849

Seymour Pierce Ltd
Jonathan Wright                                 [phone]

Penrose Financial

Gay Collins                                     [phone]
Kay Larsen                                      [phone]

Titanium Asset Management Corp. ('Titanium' or the 'Company') (AIM: TAM) is 
pleased to announce it has completed the acquisitions of the entire issued and 
outstanding capital stock of Wood Asset Management Inc ('Wood') and Sovereign 
Holdings, LLC ('Sovereign') and the proposed acquisition of certain client 
mandates from Siesta Key Capital LLC ('SKC') can now proceed following the 
approval of these transactions (the 'Acquisition') at the Special Meeting of 
the Company on 27 September 2007.

In aggregate, following completion of the Acquisition, the Company will have 
approximately U.S.$3.33 billion of assets under management ('AUM').

The entire issued Shares and Warrants of the Company, amounting to 22,993,731 
Shares (trade symbol: TAM.L) and 20,000,000 Warrants (trade symbol: TAMW.L), 
have been admitted to AIM this morning.

In accordance with Titanium's Certificate of Incorporation, a total of 119,200 
Founding Shares (comprising 95,360 Shares and 23,840 Restricted Shares) are to 
be purchased by Titanium at par value so that the aggregate number of Founding 
Shares shall not exceed 15.2% of the issued share capital of the Company 
(excluding those Shares to be issued as consideration on the Acquisitions).

The interests (which are beneficial unless otherwise stated) of the Directors 
and their related parties (as that term is defined in the AIM Rules) in the 
Shares on Admission (assuming completion of (i) the redemption of Shares of 
those holders who voted AGAINST AND REDEEM and (ii) the purchase of a total 
119,200 Founding Shares) are as follows:

                       Number of                       Percentage of
                       Outstanding Shares Held         Outstanding Issued Shares
Name
Thomas Anglin Hamilton               116,027                              0.50
Nazuk, LLC (1)                       493,113                              2.14
Mark Adam Parkin                     137,782                              0.60
Nigel David Wightman                 174,040                              0.75
Whitewater Place, LLC (2)          1,283,544                              5.58
SKC TRUST SHARES, LLC (3)            203,047                              0.88
Titanium Incentive Plan, LLC (4)     348,080                              1.51
Red Earth Holdings Ltd (5)            50,000                              0.22
Clal Finance Ltd (6)              10,100,000                             43.92
Total:                            12,905,633                              56.1

Notes:
(1)  NAZUK, LLC is wholly owned by Mr. Kuzan, the Company's Chairman, and 
members of his family.
(2)  Whitewater Place, LLC is wholly owned by Mr. Sauickie, the Company's Chief 
Executive Officer, and members of his family; it is intended that some of the 
Shares held by Whitewater Place LLC will be distributed to current or future 
directors or executives of the Company.
(3)  SKC TRUST SHARES, LLC is owned by membership interest holders of SKC, 
including Mr. Sauickie, the Company's Chief Executive Officer; it is intended 
that the Shares held by SKC TRUST SHARES, LLC will be distributed to executives,
membership interest holders and consultants of SKC, an affiliate of Mr. Sauickie
(4)  Titanium Incentive Plan, LLC is wholly owned by Mr. Sauickie, the Company's 
Chief Executive Officer; it is intended that the Shares held by Titanium 
Incentive Plan, LLC will be distributed to employees of the Target Businesses 
acquired by the Company.  It is intended that 60,000 Shares will be distributed
to JARE, INC., a shareholder of Sovereign, following Admission.
(5)  Red Earth Holdings Ltd. is managed by Parkfield Capital LLP, an affiliate 
of Messrs Parkin and Wightman. Mr. Wightman is a director of Red Earth Holdings 
Ltd.
(6)  Mr. Kaplan is Chairman of the board of directors of Clal Finance Ltd. and 
Mr. Abramovich is CEO of Clal Finance Ltd.

For further information:

Titanium Asset Management Corp.
John Sauickie, Chief Executive Officer           [phone]
Nigel Wightman, Executive Director               + 44 7789 277849

Seymour Pierce Ltd
Jonathan Wright                                  [phone]

Penrose Financial

Gay Collins                                      [phone]
Kay Larsen                                       [phone]

This announcement does not constitute, or form part of, an offer or an 
invitation to purchase any securities or to carry on any investment activity 
whatsoever.




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