Press Release dated

Press Release dated April 9, 2015

Trinity Biotech plc Closes Offering of $115 Million of 4.00% Exchangeable Senior Notes due 2045, Including Exercise in Full

of Option to Purchase Additional Notes

DUBLIN, IRELAND 04/09/15 Trinity Biotech plc (Nasdaq: TRIB), a leading developer and manufacturer of

diagnostic products for the point-of-care and clinical laboratory markets, announced today that Trinity Biotech Investment Limited, its wholly-owned subsidiary (the Issuer ), closed its offering of $115 million aggregate principal amount

of Exchangeable Senior Notes due 2045 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ). The closing included the exercise in full of the

initial purchasers option to purchase up to an additional $15 million aggregate principal amount of the notes. The notes will mature on April 1, 2045, unless earlier purchased, redeemed or exchanged.

The Issuer expects that the net proceeds from the offering will be approximately $110.9 million, after deducting underwriting discounts and estimated expenses

of the offering. Trinity Biotech plc (the Company ) currently expects to use the net proceeds from the offering for potential future acquisitions and for general corporate purposes, which may include continued product development and

The notes are senior unsecured obligations of the Issuer and accrue interest at an annual rate of 4.00% from the date on which the

notes are originally issued, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2015. The Issuer s obligations under the notes are fully and unconditionally guaranteed on a senior

unsecured basis by the Company.

The notes are exchangeable, at the applicable exchange rate, at any time prior to the close of business on the second

business day immediately preceding the maturity date for, and the Issuer will settle exchanges of the notes by delivering, American depositary shares ( ADSs ) of the Company (each representing, as of the date hereof, four A

ordinary shares of the Company). The exchange rate is initially equal 45.1488 ADSs of the Company per $1,000 principal amount of notes, equivalent to an initial exchange price of approximately $22.15 per ADS, which is a 15% premium to the last

reported sale price per ADS on April 1, 2015. The exchange rate is subject to adjustment upon the occurrence of certain events, but will not be adjusted for any accrued and unpaid interest. In addition, following the occurrence of certain

corporate events that occur prior to the maturity date, the Issuer will, in certain circumstances, increase the exchange rate for a holder who elects to exchange its notes in connection with such a corporate event.

The Issuer may not redeem the notes prior to April 1, 2020. On or after April 1, 2020, until, but excluding, April 1, 2022, the Issuer may from

time to time redeem for cash all or part of the notes, but only if the last reported sale price per ADS for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on the trading day immediately

preceding the date on which the Issuer provides the notice of redemption exceeds 130% of the applicable exchange price for the notes on each applicable trading day. On or after April 1, 2022, the Issuer may from time to time redeem for cash all

or part of the notes, regardless of the last reported sale price per ADS. In the above cases, the redemption price will equal 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest to, but excluding, the

redemption date, plus, for all notes redeemed by the Issuer prior to April 1, 2022, a make-whole premium payment payable in cash, ADSs or a combination of cash and ADSs, at the Issuer s option, equal to the sum of the remaining

scheduled payments of interest on these notes through April 1, 2022 (without duplication of the interest accrued to, but excluding, the redemption date). If the Issuer elects to pay some or all of the make-whole premium in ADSs, then the number

of ADSs a holder will receive will be that number of ADSs that have a value equal to the amount of the make-whole premium payment to be paid to such holder in ADSs, divided by the product of (i) the average of the last reported sale price per

ADS for the five trading days immediately preceding and including the third day prior to the redemption date and (ii) 0.97.

Holders may require the Issuer to repurchase the notes on April 1, 2022, April 1,

2025, April 1, 2030, April 1, 2035 or April 1, 2040 at a price equal to 100% of the principal amount of the notes being repurchased, plus accrued and unpaid interest up to, but excluding, the repurchase date. The Issuer will

pay cash for all notes so repurchased.

Neither the notes nor the ADSs issuable upon exchange of the notes have been or are expected to be registered

under the Securities Act or under any state securities laws and, unless so registered, may not be offered or sold in the United States or to U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration

requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale in any

jurisdiction in which such offer, solicitation or sale is unlawful. Trinity Biotech plc is advised by William Fry Solicitors, Ireland and Carter Ledyard & Milburn LLP, New York.

About Trinity Biotech plc

Trinity Biotech develops,

acquires, manufactures and markets diagnostic systems, including both reagents and instrumentation, for the point-of-care and clinical laboratory segments of the diagnostic market. The products are used to detect infectious diseases and to quantify

the level of Haemoglobin A1c and other chemistry parameters in serum, plasma and whole blood. Trinity Biotech sells direct in the United States, Germany, France and the U.K. and through a network of international distributors and strategic partners

in over 75 countries worldwide.

Forward-Looking Statements

This press release includes forward-looking statements regarding Trinity Biotech s financing plans, including statements related to the offering of the

notes, the terms of the notes and the intended use of net proceeds of the offering. Such statements are subject to certain risks and uncertainties including, without limitation, risks related to whether the Company and the Issuer will consummate the

offering of the notes on the expected terms, or at all, market and other general economic conditions, whether the Company and the Issuer will be able to satisfy the conditions required to close any sale of the notes, and the fact that the

Company s management will have broad discretion in the use of the proceeds from any sale of the notes. Trinity Biotech s forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its

results to differ materially from those expressed or implied by such forward-looking statements. Although Trinity Biotech s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts

and factors currently known by Trinity Biotech. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Trinity Biotech are described in additional detail in Trinity Biotech plc s annual

report on Form 20-F for the year ended December 31, 2014, which is on file with the Securities and Exchange Commission.