28 September 2015

Tricorn Group plc

("Tricorn" or the "Company")

Exercise of options

Exercise of Options

The Company announces that application has been made for the admission to trading on AIM of 300,000 new ordinary shares of 10p each in the Company ("Shares") pursuant to an exercise of options. The Shares shall rank pari passu in all respects with the Company's existing ordinary shares and dealings are expected to commence in the Shares at 8.00 a.m. on 30 September 2015.

Total Voting Rights

Immediately following the admission of the Shares, the Company's issued share capital shall comprise 33,795,000 ordinary shares of 10p each with voting rights (which number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules)

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Notes to Editors:

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

Headquartered in Malvern; UK; Tricorn employs around 350 employees; has 5 manufacturing facilities in China; USA and UK. It operates through three brands: Malvern Tubular Products; Maxpower Automotive and Franklin Tubular Products.