Resignation of Chief Financial Officer

12 February 2019

Zambeef Products plc

("Zambeef" or the "Group")

Resignation of Chief Financial Officer

Zambeef (AIM: ZAM), the fully integrated food producer with operations in Zambia, Nigeria and Ghana, announces the resignation of Mr. Craig Harris as Chief Financial Officer of Zambeef Products PLC and all Group Companies, with immediate effect.

The Board will take immediate steps to identify a new CFO, led by the Succession and Remuneration Committee, pending which senior managers within the finance function will report to the Board through the CEO.

Zambeef Chairman, Dr Jacob Mwanza, commented:

"The Board wishes to thank Craig for his dedication and contribution to the company since his appointment in 2012 and wishes him well in his future endeavours."

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

For more information, please visit www.zambeefplc.com or contact:

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