X0202 4 2006-10-03 0 0000732026 TRIO TECH INTERNATIONAL TRT 0001271640 ZEFF DANIEL 50 CALIFORNIA STREET SUITE 1500 SAN FRANCISCO CA 94111 0 0 1 0 0001311997 Zeff Holding Company, LLC 50 CALIFORNIA STREET SAN FRANCISCO CA 94111 0 0 1 0 0001311996 Zeff Capital Partners I, L.P. C/O ZEFF HOLDING COMPANY, LLC 50 CALIFORNIA STREET SAN FRANCISCO CA 94111 0 0 1 0 0001313253 Spectrum Galaxy Fund Ltd. 50 CALIFORNIA STREET SUITE 1500 SAN FRANCISCO CA 94111 0 0 1 0 Common Stock 2006-10-03 4 P 0 2300 10.20 D 205158 I See footnote Common Stock 2006-10-03 4 P 0 900 10.23 D 204258 I See footnote Common Stock 2006-10-03 4 P 0 2600 10.24 D 201658 I See footnote Common Stock 2006-10-03 4 P 0 4600 10.25 D 197058 I See footnote Common Stock 2006-10-03 4 P 0 800 10.26 D 196258 I See footnote Common Stock 2006-10-03 4 P 0 5 10.27 D 196253 I See footnote Common Stock 2006-10-03 4 P 0 900 10.28 D 195353 I See footnote Common Stock 2006-10-03 4 P 0 1200 10.30 D 194153 I See footnote Common Stock 2006-10-03 4 P 0 400 10.31 D 193753 I See footnote Common Stock 2006-10-03 4 P 0 500 10.32 D 193253 I See footnote Common Stock 2006-10-03 4 P 0 100 10.35 D 193153 I See footnote Common Stock 2006-10-03 4 P 0 7600 10.40 D 185553 I See footnote Common Stock 2006-10-03 4 P 0 800 10.41 D 184753 I See footnote Common Stock 2006-10-03 4 P 0 1500 10.42 D 183253 I See footnote Common Stock 2006-10-03 4 P 0 400 10.43 D 182853 I See footnote 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") 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. Daniel Zeff 2006-10-04 Daniel Zeff for Zeff Capital Partners I, L.P. 2006-10-04 Dion R. Friedland for Spectrum Galaxy Fund Ltd. 2006-10-04 Daniel Zeff for Zeff Holding Company, LLC 2006-10-04