Completion of partial compulsory redemption

TERRA CAPITAL PLC  (THE "COMPANY")

 Legal Entity Identifier: 2138006S6U2X7L4R8V74

01 February 2019

Completion of partial compulsory redemption and total voting rights

Pursuant to the Company's compulsory partial redemption of its Ordinary Shares (the "Shares") announced on 25 January 2019, 9,958,027 Shares representing 90% of Shares in issue, have been redeemed and cancelled today, 1 February 2019 and, accordingly, 1,106,450 Shares remain in issue. The remaining Shares which have not been redeemed now trade under the new ISIN - IM00BFMXG143.

Payments of redemption monies will be effected either through CREST (in the case of Shares held in uncertificated form) or by cheque (in the case of Shares held in certificated form) on or around 7 February 2019.

The above figure (1,106,450) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 Terms not defined in this announcement shall have the same meaning as those defined in the Circular.

For more information, please visit www.terracapitalplc.com or contact:

 Galileo Fund Services Limited (Administrator)

Frazer Pickering

+44 1624 692600

Panmure Gordon (UK) Limited (Nominated adviser and corporate broker)

Jonathan Becher

+44 20 7886 2500

Terra Capital plc.

Ian Dungate, Director

+44 1624 692600