Press Relase of Annual Financial Report

Titanium Asset Management Corp.

Posting of Annual Report and Proxy Statement

Titanium Asset Management Corp. (AIM - TAM) is pleased to report that it has posted the proxy materials and its annual report to shareholders for the year ended December 31, 2011. The proxy statement also contains notice convening the annual meeting of Titanium that has been set for 1:00 p.m. on June 18, 2012.

The annual report can be viewed on the Company's website at www.ti-am.com.

The proxy statement and annual report are also available at http://www.cstproxy.com/ti-am/2012.

For further information please contact:

Titanium Asset Management Corp.

Robert Brooks, CEO 312-335-8300

Seymour Pierce Ltd

Jonathan Wright +44 20 7107 8000