TiO2 is the most promising oxide semiconductor extensively used as photocatalyst in solar energy conversion into hydrogen and electric energy as well as in degradation of contaminants in water. To increase its efficiency, carbon dopants are applied. A series of TiO2/graphitic carbon nanocomposites with enhanced photocatalytic performance was synthesized at different temperatures in the 300 – 850°C range in the presence of benzene vapours. To investigate the magnetic properties of these nanocomposites, the dc magnetic susceptibility and electron paramagnetic resonance (EPR) measurementswere carried out. Magnetometry revealed the presence of three very different components: a temperature independent and easily recognized in the high-temperature range, another one in 20 – 100 K range displaying a slow increase with temperature decrease and saturation at low temperatures, and the third one observed at T < 20 K showing a sharp increase with decreasing temperature. Five types of EPR spectra were detected in the investigated samples and attributed to various paramagnetic centres. The role of TiO2 phase composition, nanocrystalline sizes, carbon content in its different forms in establishing static and dynamic magnetic response of our samples will be discussed.