TRIO-TECH INTERNATIONAL — Director's Dealing 2006

Oct 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRIO TECH INTERNATIONAL (TRT)
CIK: 0000732026
Period of Report: 2006-10-16

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
2006-10-16	Common Stock	P	255	$11.8	Disposed	170053	Indirect
2006-10-16	Common Stock	P	60	$11.81	Disposed	169993	Indirect
2006-10-16	Common Stock	P	15	$11.82	Disposed	169978	Indirect
2006-10-16	Common Stock	P	90	$11.85	Disposed	169888	Indirect
2006-10-16	Common Stock	P	15	$11.87	Disposed	169873	Indirect
2006-10-16	Common Stock	P	30	$11.90	Disposed	169843	Indirect
2006-10-16	Common Stock	P	105	$11.98	Disposed	169738	Indirect
2006-10-16	Common Stock	P	45	$11.99	Disposed	169693	Indirect
2006-10-16	Common Stock	P	270	$12.00	Disposed	169423	Indirect
2006-10-16	Common Stock	P	45	$12.10	Disposed	169378	Indirect
2006-10-16	Common Stock	P	45	$12.11	Disposed	169333	Indirect
2006-10-16	Common Stock	P	15	$12.12	Disposed	169318	Indirect
2006-10-16	Common Stock	P	75	$12.15	Disposed	169243	Indirect
2006-10-16	Common Stock	P	30	$12.20	Disposed	169213	Indirect
2006-10-16	Common Stock	P	75	$12.28	Disposed	169138	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 Spectrum. Mr. Zeff provides discretionary investment management services to Zeff
Capital Offshore Fund, a class of shares of Spectrum, a company incorporated in the British Virgin Islands. In accordance
with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by Spectrum is reported herein. Mr.
Zeff disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities,
except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that Mr.
Zeff is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. Each of Holding and
Capital disclaims beneficial ownership over all shares held by Spectrum.