TRIO-TECH INTERNATIONAL — Director's Dealing 2006

Oct 30, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRIO TECH INTERNATIONAL (TRT)
CIK: 0000732026
Period of Report: 2006-10-26

Reporting Person: ZEFF DANIEL (10% Owner)
Reporting Person: Zeff Holding Company, LLC (10% Owner)
Reporting Person: Zeff Capital Partners I, L.P. (10% Owner)
Reporting Person: Spectrum Galaxy Fund Ltd. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-26	Common Stock	P	1950	$12.50	Disposed	175409	Indirect
2006-10-26	Common Stock	P	53	$12.52	Disposed	175356	Indirect
2006-10-26	Common Stock	P	105	$12.57	Disposed	175251	Indirect
2006-10-26	Common Stock	P	2740	$12.60	Disposed	172511	Indirect
2006-10-26	Common Stock	P	53	$12.61	Disposed	172458	Indirect
2006-10-26	Common Stock	P	263	$12.63	Disposed	172195	Indirect
2006-10-26	Common Stock	P	1106	$12.65	Disposed	171089	Indirect
2006-10-26	Common Stock	P	53	$12.67	Disposed	171036	Indirect
2006-10-26	Common Stock	P	1475	$12.70	Disposed	169561	Indirect
2006-10-26	Common Stock	P	1054	$12.75	Disposed	168507	Indirect
2006-10-26	Common Stock	P	53	$12.77	Disposed	168454	Indirect
2006-10-26	Common Stock	P	53	$12.79	Disposed	168401	Indirect
2006-10-26	Common Stock	P	685	$12.80	Disposed	167716	Indirect
2006-10-26	Common Stock	P	263	$12.81	Disposed	167453	Indirect

Footnotes

F1: This Form 4 is being filed by Daniel Zeff, Spectrum Galaxy Fund Ltd. ("Spectrum"), Zeff Capital Partners I, L.P. ("Capital")
and Zeff Holding Company, LLC ("Holding").

F2: This transaction was effected through Capital. Mr. Zeff is the sole manager and member of Holding, which in turn serves as
the general partner for Capital. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's
securities held by Capital is reported herein. Each of Mr. Zeff and Holding disclaims, for purposes of Section 16 of the
Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its/his indirect pecuniary
interest therein, and this report shall not be deemed an admission that any of Mr. Zeff or Holding is the beneficial owner
of such securities for purposes of Section 16 or for any other purposes. Spectrum disclaims beneficial ownership over all
shares held through Capital.