TAM Tatton Asset Management Plc

RNS Number:0533R
Titanium Asset Management Corp
28 March 2008



28 March 2008

                        Titanium Asset Management Corp.

                          Further re: Special Meeting

Further to the announcement made on 27 March 2007, Titanium Asset Management
Corp. ("Titanium" or the "Company") (AIM:  TAM) announces that a total of
4,213,000 Shares were elected to be redeemed.

Under the terms of Titanium's Certificate of Incorporation, each Stockholder who
elected to redeem Shares will be  entitled to redeem 52.42% of the Shares
submitted for redemption.  Accordingly, a total of 2,208,452 Shares will be 
redeemed.

Furthermore, a total of 335,685 Founding Shares (comprising 268,548 Shares and
67,137 Restricted Shares) will be  purchased by Titanium at par value so that,
following the redemption referred to above, the aggregate number of  Founding
Shares shall not exceed 15.2% of the issued share capital of the Company
(excluding those Shares issued as  consideration for acquisitions).

Accordingly, following completion of the Acquisition on 31 March, there will be
20,516,731 Shares in issue and admitted  to trading on AIM and 629,023
Restricted Shares in issue.

For further information:

Titanium Asset Management Corp.
John Sauickie, Chief Executive Officer                         +1 941 361 2191
Nigel Wightman, Executive Director                             + 44 7789 277849

Seymour Pierce Ltd
Jonathan Wright                                                +44 20 7107 8000

Penrose Financial

Gay Collins                                                    +44 20 7786 4888
Kay Larsen
titanium@penrose.co.uk




                      This information is provided by RNS
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