Notification of Major Interest in Shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Zambeef Products plc (Great Britain)

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

The Red Fort Partnership Limited

4. Full name of shareholder(s)  (if different from 3.):iv

As Above

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

13th February 2012

6. Date on which issuer notified:

14th February 2012

7. Threshold(s) that is/are crossed orreached: vi, vii

3%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

7,400,000

7,400,000

8,000,000

8,000,000

3.23%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

8,000,000

3.23%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

N/A

Proxy Voting:

10. Name of the proxy holder:

The Red Fort Partnership Limited

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

The Custodian of the Fund is Butterfield Bank (Guernsey) Limited who must be contacted IN ALL CASES

14. Contact name:

Jeannette Edgworth - email: [email protected]

Or

Neil Hewitt - email:

[email protected]

15. Contact telephone number:

Jeannette: 01481 737767 

Neil: 01481 737750

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

The Red Fort Partnership Limited

Contact address

(registered office for legal entities)

c/o R&H Fund Services (Guernsey) Limited

Trafalgar Court

 3rd Floor, West Wing

St Peter Port

Guernsey

GY1 2JA

Phone number & email

Tel No: 01481 734180

Email: [email protected]

Contact Name: Gillian Wilson or Sue Queripel

Other useful information

(at least legal representative for legal persons)

Speechly Bircham LLP acts as legal adviser to the Investment Adviser and the Company as

to English law matters. Collas Crill acts as Guernsey legal adviser to the Company

B: Identity of the notifier, if applicable

Full name

Gillian Wilson

Contact address

R&H Fund Services (Guernsey) Limited

Trafalgar Court

 3rd Floor, West Wing

St Peter Port

Guernsey

GY1 2JA

Phone number & email

Tel No: 01481 734181

Email: [email protected]

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

R&H Fund Services (Guernsey) Limited is the Administrator for The Red Fort Partnership Limited

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.