Dejour Provides Update on Investment in Titan Uranium

April 14, 2008

Dejour would like to update shareholders regarding a recent press release from publicly-traded Titan Uranium (TSX-V: TUE). Dejour owns 33.5% of Titan and warrants plus a retained 10% carried interest and 1% NSR (Net Smelter Royalty) in its original projects.�

On April 11, 2008, Titan announced a signed agreement with Vale Exploration Canada, a wholly-owned subsidiary of Companhia Vale do Rio Doce (VALE), one of the top 5 major international mining conglomerates. Under the agreement, VALE committed Cdn $2M in exploration programs managed by Titan in the first year and potentially a further Cdn $10M over the subsequent four years of the agreement to acquire an undivided 60% ownership interest in Titan's Sand Hill/Rook II Project, located in the south-central portion of the uranium-rich Athabasca Basin. This joint venture on the Sand Hill/Rook ll project is one of Dejour's original projects.� The claims are located in the southern portion of the Athabasca Basin in northern Saskatchewan. The claims cover the trace of the Virgin River Shear Zone/Dufferin Lake Fault which hosts Cameco/Formation Capital Corporation's Centennial Deposit which is located 5 kilometres to the east of the Sand Hill/Rook II Project.� Recently the Centenial Deposit intersected significant uranium mineralization in multiple drill holes, including 9.329% U3O8 over 14.2 meters.

This is the third joint venture Titan has closed in the past 18 months on Dejour's original projects.

Despite challenging capital market conditions for junior uranium exploration companies, it is the opinion of Dejour management that the above joint venture agreements not only validate potential for uranium discovery Titan's Athabasca and Thelon properties, but also express confidence in the competence of their exploration team to execute. As such, the joint ventures represent a sizeable unrealized gain in the value of Dejour's carried interests and royalties in those Titan properties involved, in addition to the value of shareholdings in Titan.� Other current joint ventures include Mega Uranium, and Japan Oil, Gas and Metals National Corporation (JOGMEC).�

Joint venture funding provisions to the benefit of Titan/Dejour now total Cdn $26M. For further details, please visit www.titanuranium.com.

Press release link: http://www.titanuranium.com/investors/company_news/index.php?&content_id0

Office of Investor Relations
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