TCN.L Regulatory News (TCN)

28 February 2012

Tricorn Group Plc 

 ("Tricorn", the "Company" or the "Group")

Trading Update

 Tricorn Group plc (AIM:TCN.L), the AIM quoted tube manipulation specialist, today announces the following trading update ahead of 31 March 2012, being the end of its current financial year.

 The Group has made an encouraging start to the final quarter with demand remaining strong and operational performance continuing to improve. Operating margins in all three of the Group's Divisions are anticipated to be ahead of first half performance.

 As a result the Company expects that full year Group PBT* will be ahead of market expectations.

 The Company will provide a further update on trading on April 3rd, after the year end.

 \* The reference to PBT is before intangible asset amortisation, share based charges and fair value adjustments.

 Enquires:

Notes to Editors:

Tricorn is a value added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy & Utilities, Transportation and Aerospace sectors.

Headquartered in Malvern, UK, Tricorn employs around 300 employees and operates through four brands: MTC; Redman Fittings; Maxpower and RMDG Aerospace.