Edgar Filing: TRIO TECH INTERNATIONAL

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

ZEFF DANIEL

2. Issuer Name and Ticker or Trading Symbol
TRIO TECH INTERNATIONAL [TRT]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
Under 10%

(Last)

(First)

(Middle)

50 CALIFORNIA STREET, SUITE 1500

3. Date of Earliest Transaction (Month/Day/Year)
10/27/2006

(Street)

SAN FRANCISCO, CA 94111

4. If Amendment, Date Original Filed(Month/Day/Year)
10/30/2006

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock ⁽¹⁾	10/27/2006		S		419 ⁽²⁾	D	$ 12.5	144,103	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		279 ⁽²⁾	D	$ 12.51	143,824	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		314 ⁽²⁾	D	$ 12.78	143,510	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		35 ⁽²⁾	D	$ 12.79	143,475	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		244 ⁽²⁾	D	$ 12.9	143,231	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		1,263 ⁽²⁾	D	$ 13	141,968	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		133 ⁽²⁾	D	$ 13.01	141,835	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		35 ⁽²⁾	D	$ 13.06	141,800	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		278 ⁽²⁾	D	$ 13.16	141,522	I	See footnote ⁽²⁾
Common Stock ⁽¹⁾	10/27/2006		S		781 ⁽³⁾	D	$ 12.5	166,672	I	See footnote ⁽³⁾
Common Stock ⁽¹⁾	10/27/2006		S		521 ⁽³⁾	D	$ 12.51	166,151	I	See footnote ⁽³⁾
Common Stock ⁽¹⁾	10/27/2006		S		586 ⁽³⁾	D	$ 12.78	165,565	I	See footnote ⁽³⁾
Common Stock ⁽¹⁾	10/27/2006		S		65 ⁽³⁾	D	$ 12.79	165,500	I	See footnote ⁽³⁾
Common Stock ⁽¹⁾	10/27/2006		S		456 ⁽³⁾	D	$ 12.9	165,044	I	See footnote ⁽³⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ZEFF DANIEL 50 CALIFORNIA STREET SUITE 1500 SAN FRANCISCO, CA 94111				Under 10%
Zeff Holding Company, LLC 50 CALIFORNIA STREET SAN FRANCISCO, CA 94111				Under 10%
Spectrum Galaxy Fund Ltd. 50 CALIFORNIA STREET SUITE 1500 SAN FRANCISCO, CA 94111				Under 10%
Zeff Capital Partners I, L.P. C/O ZEFF HOLDING COMPANY, LLC 50 CALIFORNIA STREET SAN FRANCISCO, CA 94111				Under 10%

Signatures

Daniel Zeff		11/06/2006
^**Signature of Reporting Person		Date
Daniel Zeff for Zeff Capital Partners I, L.P.		11/06/2006
^**Signature of Reporting Person		Date
Dion R. Friedland for Spectrum Galaxy Fund Ltd.		11/06/2006
^**Signature of Reporting Person		Date
Daniel Zeff for Zeff Holding Company, LLC		11/06/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This Amended Form 4 amends and supplements that Form 4 originally filed with the Securities and Exchange Commission on 10/30/2006 by Daniel Zeff, an individual ("Zeff"), Spectrum Galaxy Fund Ltd., a company incorporated in the British Virgin Islands ("Spectrum"), Zeff Capital Partners, I, L.P. , a Delaware limited partnership ("Capital"), and Zeff Holding Company, LLC, a Delaware limited liability company ("Holding") (collectively, the "Reporting Persons") related to the common stock (the "Common Stock") of Trio Tech International (the "Company"). This Amendment corrects an inadvertent error that identified the Transaction Code in column 3 for each reported transaction as "P" rather than as "S" and provides a clarifying footnote regarding the Reporting Persons' beneficial ownership of the Common Stock.
(2)	This transaction was effected through Spectrum. Zeff provides discretionary investment management services to Zeff Capital Offshore Fund, a class of shares of Spectrum. The entire amount of the Issuer's securities held by Spectrum is reported herein. Zeff disclaims, for purposes of Section 16, beneficial ownership of such securities, except to the extent of his indirect pecuniary interest therein. This report shall not be deemed an admission that 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 of all securities held by Spectrum. As of the end of the Transaction Date reported herein, Zeff also indirectly beneficially owns 161,853 shares of TRT common stock through Capital. Zeff is the sole manager and member of Zeff Holding Company, LLC, which serves as the general partner for Capital.
(3)	This transaction was effected through Capital. Zeff is the sole manager and member of Holding, which serves as the general partner for Capital. The entire amount of the Issuer's securities held by Capital is reported herein. Each of Zeff and Holding disclaims, for purposes of Section 16, beneficial ownership of such securities, except to the extent of its/his indirect pecuniary interest therein. This report shall not be deemed an admission that any of Zeff or Holding is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. Spectrum disclaims beneficial ownership of all Shares held through Capital. As of the end of the Transaction Date reported herein, Zeff also indirectly beneficially owns 141,522 shares of TRT common stock through Spectrum. Zeff provides discretionary investment management services to Zeff Capital Offshore Fund, a class of shares of Spectrum.

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