TITANIUM SANDS LIMITED — Board/Management Information 2007

Aug 22, 2007

PMA PRECIOUS METALS AUSTRALIA LIMITED

ABN 65 009 131 533

23 August 2007

Company Announcements Office Australian Stock Exchange Limited Exchange Plaza Sherwood Court PERTH WA 6000

Dear Sir / Madam

Resignation of Shaun Bunn as a Director

Please be advised that Mr Shaun Bunn has stood down as a director of the Company with immediate effect for personal reasons.

Yours faithfully

PRECIOUS METALS AUSTRALIA LIMITED

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DR IAIN SCOTT Managing Director

Level 4, 76 Kings Park Road West Perth Western Australia 6005 PO Box 620 West Perth Western Australia 6872 Telephone: +61 8 9423 1900 Facsimile: +61 8 9423 1999

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