Issue of Equity

zamano plc ("zamano" or the "Company")

Issue of Equity

zamano, a leading provider of interactive applications and services to mobile devices, is pleased to announce that it has issued 1,800,000 new ordinary shares (the "Placing Shares") to Pageant Holdings Limited ("Pageant") at a price of 3.0 cent per share (the "Placing"). The Company has also issued warrants to Pageant pursuant to which Pageant will be entitled to acquire an additional 1,333,333 new ordinary shares at a price of 3.0 cent per share for the period up to 30 June 2014 (the "Warrants").

The Company has applied to The Irish Stock Exchange and the London Stock Exchange for the Placing Shares to be admitted to trading on the ESM Market of the Irish Stock Exchange ('ESM') and the AIM Market of the London Stock Exchange ('AIM') effective 31 December 2012 and dealings are expected to commence on this date.

The Placing Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 0.1 cent each in the capital of the Company, including the right to receive all dividends and other distributions declared, made or paid in respect of the such shares after the date of issue of the Placing Shares.

Following the Placing there will be 97,917,911 ordinary shares of 0.1 cent each in issue in the capital of the Company. The Placing Shares represent approximately 1.87% per cent of the existing issued share capital of the Company and approximately 1.84% per cent of the enlarged share capital of the Company.

Following this Placing, Pageant will hold 27.99% of the issued ordinary share capital of the Company, and Peter Furlong, a director of the Company is a director of Pageant and accordingly, Pageant is a related party of the Company for the purposes of Rule 13 of both the AIM Rules of the London Stock Exchange and the ESM Rules of the Irish Stock Exchange. In addition, Nick Furlong, a director of Pageant has a beneficial interest in an additional 1,833,472 ordinary shares in the Company, representing approximately 1.87% of the enlarged share capital of the Company.

zamano plc

Pat Landy, Chief Executive Officer

Michael Connolly, Company Secretary

Tel: +353 1 554 7200

NCB Corporate Finance

Conor McCarthy / Shane Lawlor

Tel: +353 1 611 5611

Cenkos Securities

Jon Fitzpatrick

Tel: +44 (0) 20 7397 8900

Alan Stewart

Tel: +44 (0)131 200 6939

Neil McDonald

Tel: +44 (0)131 220 9771