Tetragon Financial Group Limited (TFG) Announces Update on its Share Repurchase Program

LONDON, June 17, 2011 -

TFG today announces in furtherance of its share repurchase
program announced on November 30, 2007, that for the period of June
13, 2011 through June 17, 2011 TFG purchased 120,052 of its shares
for an average price of U.S. $7.96 per share.

About Tetragon:

Tetragon Financial Group Limited (TFG) is a Guernsey
closed-ended investment company traded on Euronext Amsterdam by
NYSE Euronext under the ticker symbol “TFG.”

Tetragon Financial Group Limited (TFG) is a Guernsey
closed-ended investment company traded on Euronext Amsterdam by
NYSE Euronext under the ticker symbol “TFG” that currently invests
primarily through long-term funding vehicles such as collateralized
loan obligations in selected securitized asset classes and aims to
provide stable returns to investors across various interest rate
and credit cycles.

This release does not contain or constitute an offer to sell or
a solicitation of an offer to purchase securities in the United
States or any other jurisdiction.  The securities of TFG have
not been and will not be registered under the US Securities Act of
1933 (the “Securities Act”), as amended, and may not be offered or
sold in the United States or to US persons unless they are
registered under applicable law or exempt from registration. 
TFG does not intend to register any portion of its securities in
the United States or to conduct a public offer of securities in the
United States.  In addition, TFG has not been and will not be
registered under the US Investment Company Act of 1940, and
investors will not be entitled to the benefits of such Act. 
TFG is registered in the public register of the Netherlands
Authority for the Financial Markets under Section 1:107 of the
Financial Markets Supervision Act as a collective investment scheme
from a designated country.

    For further information, please
    contact:
                                          Press Inquiries:

                                          Brunswick Group

    TFG:                                  Andrew Garfield/Gill Ackers/Pip
                                          Green
    David Wishnow/Yuko Thomas
                                          +44(0)20-7404-5959
    Investor Relations
                                          polygon@brunswickgroup.com
    ir@tetragoninv.com

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