Holding(s) in Company

12 February 2014

Zambeef Products Plc

("Zambeef" or the "Company")

Holding(s) in Company

Zambeef (AIM:ZAM), the fully integrated agri-business with operations in Zambia, Nigeria and Ghana, announces that it received notification, on 11 February 2014, that Rhodora Limited ("Rhodora") a company in which Adam Fleming, a non-executive director of the Company, holds an equity interest, has disposed of 1,600,000 ordinary shares in the Company ("Ordinary Shares") (the "Disposal").

Following the Disposal, Rhodora is now interested in 8,497,537 Ordinary Shares, representing approximately 3.43 per cent. of the issued share capital of the Company.

-ENDS-

For further Information, please contact:

Zambeef Products plc Tel: +260 (0) 211 369003

Francis Grogan, Chief Executive Officer

Strand Hanson Limited Tel: +44 (0) 20 7409 3494

James Spinney

Panmure Gordon Tel: +44 (0) 20 7886 2500

Callum Stewart

Ben Roberts

Buchanan Tel: +44 (0) 20 7466 5000

Mark Edwards

Sophie McNulty

www.buchanan.uk.com