Loan Note Conversions, Holding in Company and TVR

08 June 2012

Tricor plc

("Tricor" or the "Company")

Loan Note Conversions, Holding in Company and Total Voting Rights

Tricor has received notice from Darren Ridge to convert £100,000 of loan notes, which were issued under the £150,000 investment facility provided by him to the Company (as announced on 30 January 2012), into ordinary shares of 0.01 of one penny each in the capital of Tricor ("Shares") at a conversion rate of 0.03p per Share. This will result in the issuance of 333,333,333 Shares, following which Darren Ridge will hold a total of 357,333,333 Shares, representing approximately 5.0 per cent. of the issued share capital of the Company. The remaining £50,000 made available to Tricor under this facility has not yet been drawn down by the Company.

Application has been made to the London Stock Exchange plc for these 333,333,333 new Shares to be admitted to trading on AIM and this is expected to occur on or around 14 June 2012.

Total Voting Rights

Following this issue of 333,333,333 Shares, the total number of Shares in issue is now 7,142,017,003 with each Share carrying the right to one vote. Tricor holds no Shares in treasury. The total number of voting rights in the Company is therefore 7,142,017,003. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in Tricor under the Disclosure Rules and Transparency Rules of the UK Financial Services Authority.