Result of AGM

FOR IMMEDIATE RELEASE

24 December 2014

Zambeef Products Plc

("Zambeef" or the "Company")

Result of AGM

Zambeef (AIM:ZAM), the fully integrated agri-business with operations in Zambia, Nigeria and Ghana announces that at the Annual General Meeting of the Company held yesterday in Lusaka, all resolutions put to shareholders were duly passed.

For further Information, please contact:

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

Francis Grogan, Joint CEO

Carl Irwin, Joint CEO

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

Angela Hallett

James Spinney

Ritchie Balmer

Panmure Gordon Tel: +44 (0) 113 357 1150

Hugh Morgan

Peter Steel

Buchanan Tel: +44 (0) 20 7466 5000

Mark Edwards

Sophie McNulty