12 Jan 2010 16:35
Titanium Asset Management Corp. ("Titanium" or the "Company")
Resignation of non-executive director
Titanium Asset Management Corp., the multi product asset management company, announces the resignation of Yehoshua Abramovich, a non-executive director of the Company with immediate effect. Mr Abramovich was previously appointed by Clal Finance Ltd, Titanium's largest shareholder, pursuant to the terms of the certificate of incorporation and bylaws of the Company at the time of admission of the Company to AIM.
For further information please contact:
Titanium Asset Management Corp.
Nigel Wightman, Chairman and CEO +44 20 7822 1881 or + 44 7789 277849
Seymour Pierce Ltd
Jonathan Wright +44 20 7107 8000
Penrose Financial
Gay Collins/Elisha Vincent +44 20 7786 4882 or +44 7798 626282
titanium@penrose.co.uk
Tatton Asset Management (TAM)