Notice of EGM- Update

Trikona Trinity Capital PLC

Notice of EGM - Update

Trikona Trinity Capital PLC ("TTC" or the "Company") today announces that at the forthcoming extraordinary general meeting of TTC convened for 30th July 2010 (the "EGM") the resolutions numbered 2 and 3 in the notice of the EGM, to approve the Directors' Incentive Plan in respect of Martin Adams and Pradeep Verma (the "Plan") will be withdrawn and will not be considered or voted upon at the EGM. At the EGM the resolutions to approve the appointment of Indiareit Investment Management Company as investment manager and to change the name of TTC to Trinity Capital PLC will still be considered and voted upon.

The Board has received broad Shareholder support for the principle of rewarding those Directors whose time commitment has expanded substantially beyond their original job description and aligning the Plan with the interests of Shareholders in implementing the revised investment policy of TTC. Certain constructive suggestions have been made with regard to the precise terms of the Plan and the optimum composition of the Board in the future. The Board is giving serious consideration to these suggestions and, once conclusions have been reached, a further announcement will be made.

Further information, please contact:

Enquiries:

Hogarth

Tim McCall / James White +44 207 357 9477

IOMA Fund and Investment Management Limited

Philip Scales, Director +44 1624 681250

Evolution Securities

Nominated Adviser and Joint Broker

Bobbie Hilliam / Chris Clarke, Corporate Finance +44 207 071 4300

Arden Partners plc, Joint Broker 

Chris Hardie, Corporate Finance +44 207 614 5917