Directorate Change

15 November 2013

Tricor plc 

("Tricor" or the "Company")

Appointment of Non-Executive Director

Tricor (AIM: TRIC), the investment company focussed on the resources sector with investments in iron sand and sand trading operations in the Philippines, is pleased to announce that it has appointed, with immediate effect, Christopher Andrew Morgan, as a Non Executive Director.

Chris has gained extensive experience in commercial investigations during his career, and more recently has focussed on investment advisory and management. He has previously served with the Metropolitan Police and the National Criminal Intelligence Service where he received a number of Commendations. Chris currently sits on the Board of a number of investment companies, including AIM quoted Nova Resources Ltd.

Fook Meng Chan, Chairman and CEO of Tricor, commented:

"Chris has worked with Tricor since the start of this year as an adviser, and so has an in depth knowledge of the Company and its investments. He has extensive operational and financial expertise and the Board feels his skill set is complementary to that of Tricor's existing Board members. I look forward to working with Chris as we seek to progress the Company's investments."

Regulatory disclosures

Within the past five years, Christopher Andrew Morgan, aged 51, is or has been a director of the following companies and is or has been a partner of the following partnerships:

Current directorships/partnerships:

Upside Management (UK) Ltd

RCJ Developers LLP

Rhein Parklands Ltd

Neos Interactive Ltd

Bond London Ltd

TCJ Investments Ltd

Leo Investments Ltd

Lawyers & Consultants Lebanon

BRICS (Singapore) Ltd

Asia Credit Corporation Ltd

Ferro Mongolia Resources plc

Nova Resources Ltd

Pam Field Investments Ltd

Bright Shield Assets Management Limited

Asia Carbon Investments Limited

Past directorships/partnerships within the last five years:

Ajma Services (UK) Limited

Abella Hellas Catering Services S.A.

Albert Abela Corporation

BDC 1-5

Upside Management (UK) Ltd, which is wholly owned by Chris Morgan, currently owns 2,472,258 ordinary shares in Tricor, equivalent to 1.92% of Tricor's current issued share capital, as well as a further 10,000,000 warrants over Tricor ordinary shares, exercisable at 0.5p each.

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