TIDMTXR TIDMPRU 
 
RNS Number : 9158C 
Titanium Resources Group Ltd 
23 November 2009 
 

+--------------------+-----------------+-----------------+-----------------+---------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                     | 
+------------------------------------------------------------------------------------+ 
|                                                                                    | 
+------------------------------------------------------------------------------------+ 
|                                                        |                           | 
+--------------------------------------------------------+---------------------------+ 
| 1. Identity of the issuer or the underlying issuer     | Titanium Resources Group  | 
| of existing shares to which voting rights are          |            Ltd            | 
| attached:                                              |                           | 
+--------------------------------------------------------+---------------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):          | 
+------------------------------------------------------------------------------------+ 
| An acquisition or disposal of voting rights                              |    X    | 
+--------------------------------------------------------------------------+---------+ 
| An acquisition or disposal of qualifying financial instruments which may |         | 
| result in the acquisition of shares already issued to which voting       |         | 
| rights are attached                                                      |         | 
+--------------------------------------------------------------------------+---------+ 
| An acquisition or disposal of instruments with similar economic effect   |         | 
| to qualifying financial instruments                                      |         | 
+--------------------------------------------------------------------------+---------+ 
| An event changing the breakdown of voting rights                         |         | 
+--------------------------------------------------------------------------+---------+ 
| Other (please      |                                                     |         | 
| specify):          |                                                     |         | 
+--------------------+-----------------------------------------------------+---------+ 
| 3. Full name of person(s) subject to | Prudential plc group of companies           | 
| the                                  |                                             | 
| notification obligation:             |                                             | 
+--------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)  (if  | Nortrust Nominee Ltd A/C MKK01              | 
| different from 3.)                   | PRUCLT HSBC GIS NOM(UK) PPL AC              | 
+--------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date  | 19 November 2009                            | 
| on                                   |                                             | 
| which the threshold is crossed or    |                                             | 
| reached:                             |                                             | 
+--------------------------------------+---------------------------------------------+ 
| 6. Date on which issuer notified:    | 20 November 2009                            | 
+--------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed  | 14%                                         | 
| or                                   |                                             | 
| reached:                             |                                             | 
+--------------------+-----------------+-----------------+-----------------+---------+ 
 
 
+----------------+----------+--+--------+---------------+--+--+----------------+--+---------+--+----------+---+----------------+--+--+--------+ 
| 8. Notified details:                                                                                                                        | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                                                         | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Class/type of  | Situation previous                         | Resulting situation after the triggering                                      | 
| shares         | to the triggering                          | transaction                                                                   | 
| if possible    | transaction                                |                                                                               | 
| using          |                                            |                                                                               | 
| the ISIN CODE  |                                            |                                                                               | 
+                +--------------------------------------------+-------------------------------------------------------------------------------+ 
|                | Number               | Number              | Number            | Number                | % of voting rights                | 
|                | of                   | of                  | of                | of                    | x                                 | 
|                | Shares               | Voting              | shares            | voting                |                                   | 
|                |                      | Rights              |                   | rights                |                                   | 
+                +                      +                     +-------------------+-----------------------+-----------------------------------+ 
|                |                      |                     | Direct            | Direct xi  | Indirect | Direct                | Indirect  | 
|                |                      |                     |                   |            | xii      |                       |           | 
+----------------+----------------------+---------------------+-------------------+------------+----------+-----------------------+-----------+ 
|  VGG889921059  |      25,825,000      |     25,825,000      |    57,875,000     |57,875,000  |          |        14.99%         |           | 
+----------------+----------------------+---------------------+-------------------+------------+----------+-----------------------+-----------+ 
|                |                      |                     |                   |            |          |                       |           | 
+----------------+----------------------+---------------------+-------------------+------------+----------+-----------------------+-----------+ 
|                                                                                                                                             | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                         | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                        | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial            | Expiration             | Exercise/                         | Number of voting                 | % of voting  | 
| instrument                   | date                   | Conversion                        | rights that may                  | rights       | 
|                              |                        | Period                            | be                               |              | 
|                              |                        |                                   | acquired if the                  |              | 
|                              |                        |                                   | instrument is                    |              | 
|                              |                        |                                   | exercised/                       |              | 
|                              |                        |                                   | converted.                       |              | 
+------------------------------+------------------------+-----------------------------------+----------------------------------+--------------+ 
|                              |                        |                                   |                                  |              | 
+------------------------------+------------------------+-----------------------------------+----------------------------------+--------------+ 
|                                                                                                                                             | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial                                                               | 
| Instruments xv, xvi                                                                                                                         | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                        | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial         | Exercise  | Expiration       | Exercise/            | Number of voting          | % of voting                   | 
| instrument                | price     | date             | Conversion           | rights                    | rights                        | 
|                           |           |                  | period               | instrument                |                               | 
|                           |           |                  |                      | refers to                 |                               | 
|                           |           |                  |                      |                           |                               | 
+---------------------------+-----------+------------------+----------------------+---------------------------+-------------------------------+ 
|                           |           |                  |                      |                           | Nominal              | Delta  | 
+                           +           +                  +                      +                           +----------------------+--------+ 
|                           |           |                  |                      |                           |                      |        | 
+---------------------------+-----------+------------------+----------------------+---------------------------+----------------------+--------+ 
|                                                                                                                                             | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                               | 
+---------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                      | Percentage of voting rights                                  | 
+------------------------------------------------------------------------------+--------------------------------------------------------------+ 
| 57,875,000                                                                   | 14.99%                                                       | 
+----------------+----------+--+--------+---------------+--+--+----------------+--+---------+--+----------+---+----------------+--+--+--------+ 
 
 
+--------------------------------------------+---+---------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the   | 
| financial instruments are effectively held, if applicable:                       | 
+----------------------------------------------------------------------------------+ 
| Prudential plc (parent Company)                                                  | 
| M&G Group Limited (wholly owned subsidiary of Prudential plc)                    | 
| M&G Limited (wholly owned subsidiary of M&G Group Limited)                       | 
| M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)       | 
| M&G Securities Limited (wholly owned subsidiary of M&G Limited)                  | 
+----------------------------------------------------------------------------------+ 
|                                                                                  | 
+----------------------------------------------------------------------------------+ 
| Proxy Voting:                                                                    | 
+----------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:                  |              N/A                | 
+------------------------------------------------+---------------------------------+ 
| 11. Number of voting rights proxy holder will  |              N/A                | 
| cease                                          |                                 | 
| to hold:                                       |                                 | 
+------------------------------------------------+---------------------------------+ 
| 12. Date on which proxy holder will cease to   |              N/A                | 
| hold                                           |                                 | 
| voting rights:                                 |                                 | 
+------------------------------------------------+---------------------------------+ 
|                                                                                  | 
+----------------------------------------------------------------------------------+ 
| 13. Additional information:                | Calculations based on a Total       | 
|                                            | Voting Rights figure of             | 
|                                            | 385,864,075.                        | 
+--------------------------------------------+-------------------------------------+ 
| 14. Contact name:                          | Dipesh Varsani / Mark Thomas        | 
|                                            | M&G Investment Management Limited   | 
+--------------------------------------------+-------------------------------------+ 
| 15. Contact telephone number:              | 020 7548 3261 / 020 7548 3266       | 
+--------------------------------------------+---+---------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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