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Exercise of options

5th Dec 2007 07:01

Titanium Resources Group Ltd05 December 2007 Titanium Resources Group Exercise of Share Options 5 December, 2007: The Board of Titanium Resources Group Ltd ("TRG" or "theCompany") announces that on 30 November 2007 it issued 332,991 common sharesfollowing the receipt of notification for the exercise of options by 10employees of the Company. These options were granted pursuant to the Company's share option scheme. Application has been made for these common shares to be admitted to trading onAIM. These shares will rank pari passu with the existing common shares in theCompany. Trading of these shares on AIM is expected to commence on 10thDecember 2007. Including these shares, the total number of common shares in issue as of 30thNovember 2007 is 234,664,075. -End- For further information: Len Comerford / Walter KansteinerTitanium Resources GroupTelephone: +44 20 7321 0000 Michael Oke / Andy MillsAura FinancialTelephone: +44 20 7321 0000 Nominated AdviserDavid NabarroNabarro Wells & Co. LimitedTelephone: +44 20 7710 7400 This information is provided by RNS The company news service from the London Stock Exchange

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