zamano plc

23 December 2011

zamano plc ("zamano" or the "Company") - Amended Bank Facility Letter

zamano plc, a leading provider of interactive applications and services to mobile devices, has amended the terms of its existing loan facility letter with Bank of Scotland plc (the "Bank") (the "Amended Facility Letter").  The Amended Facility Letter amends certain terms of the facility letter between the Company and the Bank dated 23 November 2007 (which was previously amended on 31 December 2010) and, inter alia, contains updated covenants (including revised quarterly covenant tests) and a revised capital repayment schedule which reflect the current trading of the Company.

The revised capital repayment schedule is as follows:

The Board believes that the Amended Facility Letter provides the Company with the financial flexibility required to pursue its current growth strategy.

Contacts

zamano plc

Pat Landy, Non-Executive Director

Michael Connolly, Company Secretary

Tel: +353 1 554 7200

NCB Corporate Finance

Conor McCarthy / Shane Lawlor

Tel: +353 1 611 5100

Cenkos Securities

Jon Fitzpatrick

Tel: +44 (0) 20 7397 8900

Alan Stewart

Neil McDonald

Tel: +44 (0)131 220 6939

ENDS