AGM Statement & Result of AGM

 4 September 2012

Tricorn Group Plc 

 ("Tricorn" or the "Group")

Result of AGM and AGM statement 

Tricorn (AIM:TCN.L), the AIM listed tube manipulation specialist, is pleased to announce that all resolutions put to the Annual General Meeting held at 11.00am today were unanimously passed.

At the meeting, Chairman of the Group, Nick Paul, made the following statement:

"The Group has made an encouraging start to the current year with the aerospace business continuing to build on the improving revenues and profits that we saw through last year. Outside of aerospace there has been some softening in demand in the second quarter, particularly within our transportation business, and we have noted a more cautious outlook from some of our customers. The Group has also continued to make good progress in the establishment of its facility in China.

In accordance with our usual practice, we will comment further on our first half business performance in a pre-close trading update to be issued on 3 October 2012."

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.