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Titanium Resources (SRX)

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Wednesday 05 December, 2007

Titanium Resources

Exercise of options

Titanium Resources Group Ltd
05 December 2007



                            Titanium Resources Group

                           Exercise of Share Options


5 December, 2007: The Board of Titanium Resources Group Ltd ('TRG' or 'the
Company') announces that on 30 November 2007 it issued 332,991 common shares
following the receipt of notification for the exercise of options by 10
employees 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 on
AIM. These shares will rank pari passu with the existing common shares in the
Company.  Trading of these shares on AIM is expected to commence on 10th
December 2007.


Including these shares, the total number of common shares in issue as of 30th
November 2007 is 234,664,075.


                                     -End-


For further information:

Len Comerford / Walter Kansteiner
Titanium Resources Group
Telephone: +44 20 7321 0000

Michael Oke / Andy Mills
Aura Financial
Telephone: +44 20 7321 0000

Nominated Adviser
David Nabarro
Nabarro Wells & Co. Limited
Telephone: +44 20 7710 7400




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