CHINA TITANIUM LTD.: ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Announcement of Cessation of Independent Director, Chairman of the Nominating & Corporate Governance Committee, Member of the Remuneration Committee, Member of the Audit Committee
* Asterisks denote mandatory information
Name of Announcer *	CHINA TITANIUM LTD.
Company Registration No.	198003839Z
Announcement submitted on behalf of	CHINA TITANIUM LTD.
Announcement is submitted with respect to *	CHINA TITANIUM LTD.
Announcement is submitted by *	Ong Beng Hong
Designation *	Company Secretary
Date & Time of Broacast	11-Jan-2012 22:47:00
Announcement No.	00105
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name *	Ng Kim Tean
Age *	43
Is Effective Date of Cessation known? *	Yes
Effective Date of Resignation	12/01/2012
Detailed Reason(s) for cessation *	The Independent Directors ("IDs") recommend that the senior management should possess the necessary skill and adequate knowledge to carry out their strategic roles in a more effective and efficient manner. As a result of the working style and experience of the senior management, it required the extensive involvement of the IDs' time, resource and effort. Such intimate involvement was over and above the customary role of an Independent Director, and if continued, may compromise the independence of the IDs. As disclosed in the Corporate Governance Report 2011, the IDs met 14 times amongst themselves from 31 January 2011 to 30 September 2011 (excluding quarterly Audit Committee and Board Meetings; and other related meetings with the ex-CFO). Based on the foregoing, Mr Ng does not intend to stand for re-election at the forthcoming Annual General Meeting.
Is there any difference of opinion on material matters between the person and the Board of directors? *	No
If yes, please elaborate *	NA
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? *	No
Date of Appointment to current position *	28/04/2008
Job Title *	Independent Director, Chairman of the Nominating & Corporate Governance Committee, Member of the Remuneration Committee, Member of the Audit Committee
Role and responsibilities *	Heading the Nominating & Corporate Governance Committee
Does the AC have a minimum of 3 members (taking into account this cessation) *	No
Number of Independent Directors currently resident in Singapore (taking into account this resignation) *	1
Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *	7
Interest in the listed issuer and its subsidiaries *	Share Options: 3000 exercisable from 29/09/2010 to 28/09/2014 5000 exercisable from 25/05/2010 to 24/05/2015
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *	Nil

>> Other Directorship #
# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)
Past (for the last five years) *	Portus Singapore Pte Ltd Kinna Biopharmaceuticals Pte Ltd GXD Security Technologies Pte Ltd Asia Pacific Capital Advisory Pte Ltd Maccine Pte Ltd China Medstar Limited Biosciences International Pte Ltd Sunny Medical (S) Pte Ltd APCM Partners Pte Ltd Design Restaurant Management Pte Ltd Nude Supperclub & Bar Pte Ltd Aquadisiac Restaurant & Lounge Pte Ltd Asia Investment Holding Pte Ltd Pacific Investment Holding Pte Ltd Asia Pacific Metal Technologies Pte Ltd United Wellness Holdings Pte Ltd United Health Concepts Pte Ltd Spuntino Pte Ltd Viction International Company Pte Ltd
Present *	Nanyang Law LLC Neweast International Pte Ltd Golden Morning Technology Pte Ltd

Footnotes

With effect from 12 January 2012, Mr Teh Wing Kwan, Mr Ng Kim Tean and Mr Tao Yeoh Chi will retire as Directors. Their cessations have been taken into account in the total number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months. _________________________________________________________________ This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Soh Chun Bin: Tel: [phone] Email: [e-mail]