Holding(s) in Company

Atlas Development & Support Services Limited / Ticker: ADSS / Index: AIM / Sector: Support Services

4 June 2015

Atlas Development & Support Services Limited

('Atlas Development' or the 'Company')

Holdings in Company

Atlas Development (AIM:ADSS), the Kenyan headquartered African focussed support services and logistics company, received notification on 3 June 2015 that Everest Capital Frontier Markets Fund, LP no longer holds an interest in Atlas Development.

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For further information please visit www.atlassupport.com or contact:

Notes to Editors

Atlas Development is a support services and logistics company with operations spanning Kenya, Mozambique, Tanzania, Ethiopia, Djibouti and Western Sahara.

Its three core divisions are delineated as follows:

· Atlas Technical: civil engineering, workforce accommodation and construction

· Atlas Services: medical and facilities management

· Atlas Logistics: fuel solutions, storage and transportation

Through these three core divisions, Atlas Development provides turn-key support for a range of major energy and natural resource exploration and development companies operating across East Africa. The market opportunity for a company such as Atlas Development is highly attractive, and the Board believe there is considerable opportunity to leverage the Company's established position to further expand its operational footprint across sub-Saharan Africa and diversify its service offering to provide additional long-term visible revenue streams.