Holding(s) in Company

Titanium Asset Management Corp.

Holding in Company Common Stock

Milwaukee, WI, August 27, 2013 - Titanium Asset Management Corp. (AIM - TAM) (the "Company") reports that the Company has been notified by Wellington Management Company, LLP ("Wellington") declared in a filing to the Securities and Exchange Commission on July 10, 2013 that it no longer has a disclosable interest the Company's common stock.

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 +44 20 7894 7000