Nikon has announced an update to it’s enthusiast focused compact, the P300. The new Coolpix P310 features an 16MP backlit CMOS sensor and fast f/1.8 4.2x optical zoom that covers 24-100mm. To combat camera shake, the lens features a vibration reduction system.

For a camera geared towards the enthusiast photographer, the Coolpix P310 offers full creative control with four manual exposure modes: Programmed Auto (P), Shutter-priority (S), Aperture-priority (A) and Manual (M).

The Coolpix P310 features a new smart AF system means you can shoot in manual focus with a 99-point autofocus system for extra-sharp results.

There’s also a customizable function button that allows you to store your favourite camera settings.

If you want to shoot video, the Coolpix P310 can capture video in Full HD (1080p) with stereo sound. For more creative video capture, the P310 can record at up to 120fps (at reduced resolution) to film in slow or fast motion.

Other key features on the P310 are a 3.0in, 921k-dot LCD screen, and Auto HDR mode – two shots taken at different exposures during a single shutter release to create a well-balanced image. There’s also a Easy Panorama 360°/180° feature to shoot vertical or horizontal panoramas.

The Nikon Coolpix P310 is available in either black or white, priced £299.99. On sale March 22nd, 2012.