Update re. Results and Trading Update

Tricor plc

("Tricor" or the "Company")

Update re. Annual Report and Interim Results

and Trading Update

Tricor, the investment company focussed on the resources sector with investments in iron sand and sand trading operations in the Philippines, is still in the course of completing its audited report and accounts for the year ended 31 March 2014 ("audited accounts"). At this time, the Company expects the audited accounts to be completed by the end of January 2015. The Company then expects to announce its interim results for the six month period to 30 September 2014 shortly after the announcement of its audited accounts. Until publication of the audited accounts and interim results, the Company's ordinary shares will remain suspended from trading on AIM.

In terms of the Company's investments, and further to the announcement on 3 October 2014, operations at Tricor Environmental Pte Ltd and Tricor Minerals Pte Ltd remain suspended due to the prolonged monsoon season in the Philippines. Further announcements will be made once sustained operations have re-commenced. As also announced on 3 October 2014, Tricor continues to be in discussions with a potential investor to secure additional working capital.

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