Result of AGM

3rd September 2012

TERRA CAPITAL PLC (the "Company")

AGM Results

Terra Capital plc (AIM:TCA), the investment property company listed on AIM, announces that at the Annual General Meeting ("AGM") held today at 10.00 a.m. the following resolutions were duly passed as ordinary resolutions:

Resolution 1

The Report of the Report of the Directors, Auditors' Report and the Audited Consolidated Financial Statements of the Company for the year to 31 December 2011 were received adopted.

Resolution 2

KPMG Audit LLC Isle of Man was re-appointed auditors of the Company for the year to 31 December 2012.

Resolution 3

The directors were authorised to determine the remuneration of the Auditors.

Resolution 4

Mr Dirk Van den Broeck who retired in accordance with the Articles of Association was re-elected a director the Company.

Resolution 5

Mr Ian Dungate who retired in accordance with the Articles of Association was re-elected a director the Company.

Resolution 6

The company be authorised to make market purchases of its own shares as follows:

i) the maximum number of shares authorised to be purchased is up to 14.99 per cent of the shares in issue at the time of the passing of this resolution;

ii) the minimum price which may be paid for each Ordinary Share is 10 US cents per share;

iii) the maximum price which may be paid for an Ordinary Share shall not be more than 5 per cent above the average of the middle market quotations for an Ordinary Share for the five business days immediately preceding the date on which the Ordinary Share is purchased; and

iv) this authority will expire on the earlier of 15 months from the passing of this resolution or the conclusion of the next annual general meeting.

Enquiries to:

Galileo Fund Services Limited

(Administrator)

Ian Dungate

Suzanne Jones

+44 1624 692600

Matrix Corporate Capital LLP

(Nominated Adviser and Broker)

Paul Fincham

Jonathan Becher

+44 20 3206 7000