zamano plc

23 November 2009

Directors Holdings in Company

On 19 November 2009, John O'Shea, zamano's chief executive officer, transferred 452,000 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 22 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 1,579,902 ordinary shares in the Company representing approximately 1.95% 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 IEX Rules of the Irish Stock Exchange.

zamano

Colm Saunders (CFO)                                                  +353 1 511 1224

NCB Corporate Finance    

Conor McCarthy                                                           Tel:  +353 1 611 5100

Shane Lawlor

Cenkos Securities     

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

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

ENDS