Directors Holdings in Company

zamano plc

22 December 2010

zamano plc ("zamano" or the "Company") - Directors Holdings in Company

On 20 December 2010, John O'Shea, zamano's chief executive officer, transferred 800,000 ordinary shares in the Company held by him via an account with Davycrest Nominees to an account held by his personal pension scheme. The transfer of the ordinary shares was effected by a share dealing at a price of 3 cent per ordinary share. This transaction has resulted in no change in the number of ordinary shares of the Company of which John O'Shea is the beneficial owner. Both prior to and following the transaction, John O'Shea was and is the beneficial owner of 2,461,902 ordinary shares in the Company representing approximately 2.56% of the entire issued ordinary share capital of the Company.

This announcement is made pursuant to Rule 17 of both the AIM Rules of the London Stock Exchange and the ESM Rules of the Irish Stock Exchange.

zamano

John O'Shea (CEO) Tel: +353 1 488 5820

NCB Corporate Finance

Conor McCarthy Tel: +353 1 611 5611

Shane Lawlor

Cenkos Securities

Jon Fitzpatrick Tel: +44 (0) 131 220 9773

Ken Fleming Tel: +44 (0) 131 220 9772

ENDS