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Titanium Resources (SRX)

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Monday 25 February, 2008

Titanium Resources

Grant of Options

Titanium Resources Group Ltd
25 February 2008

For immediate release

Stock Exchange Announcement

                            Titanium Resources Group

                             Grant of Share Options

25 February, 2008: The Board of Titanium Resources Group Ltd ('TRG' or 'the
Company') announces that on 13 February 2008 it granted options over 1,450,000
common shares to all of the directors and 7 employees of the Company.

These options were granted pursuant to the Company's share option scheme, and
are exercisable at 75.5p.  One third will vest immediately, one third will vest
on the first anniversary of the date of the grant and the remaining third will
vest on the second anniversary of the date of grant.

The options granted to the directors were as follows:

                               Options Granted          Total Options held
                                                                Post Grant

Sir Sam Jonah                          150,000                     324,999
Mr. Len Comerford                      125,000                     875,000
Mr. Walter Kansteiner                  125,000                     524,999
Mr. Wayne Malouf                       125,000                   1,625,000
Mr. Raju Jaddoo                        125,000                     425,000
Mr. Rod Baker                          125,000                     299,999

Including these options, the total number of outstanding vested and unvested
options as of 13 February 2008 is 12,295,441.


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

                      This information is provided by RNS
            The company news service from the London Stock Exchange