Zamano Regulatory News (ZMNO)

zamano plc

 Interim Management Statement - zamano AGM

19 July 2012

Dublin, 19 July 2012: zamano plc (AIM:ZMNO, ESM:ZAZ), has today issued the following Interim Management Statement in conjunction with the Group's Annual General Meeting which is being held today.

Business Performance

The Group is pleased to report that the business has performed solidly during H1 2012 as it continues to benefit from the launch of a web and mobile service in the UK during the final quarter of 2011. The revenue growth achieved by the Group in H2 2011 has continued into the first half of 2012 and this improved performance is expected to generate positive levels of operating cash to year end. Overall, the Group is performing in line with expectations and is delivering on its objective to capitalise on its core technology and operational competencies.

Comreg Case

In early June, zamano in conjunction with its co-plaintiffs, Modeva, and the Irish Phone Paid Services Association obtained a stay in the High Court on certain provisions of Comreg's new Code of Practice (which was introduced on 5 June) pending the outcome of a Judicial Review. Despite the broadly positive outlook for the remainder of 2012, the outcome of the Judicial Review and the Plenary proceedings will ultimately, determine the future of the Group's premium rate SMS business in Ireland.

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For further information:

zamano plc

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 / Neil McDonald

Tel: +44 (0)131 220 6939

Edelman

Donnchadh O'Leary/David Kinch

Tel: +353 1 678 9 333