Zanaga Iron Ore Company Limited

3 May 2018

Block Listing Six Monthly Return

Date: 3 May 2018

Name of Applicant	Zanaga Iron Ore Company Limited (AIM ticker: ZIOC )
Name of Scheme:	The ZIOC share option incentive scheme
Period of return:	From: 06/11/2017 To: 03/5/2018
Balance of unallotted shares under Scheme from commencement of the block listing	9,027,274
Plus: the amount by which the block scheme has been increased since the date of the commencement of the block listing (if any increase has been applied for)	Nil
Less: Number of shares issued/allotted under scheme during period	4,424,503
Equals: Balance under scheme not yet issued/allotted at end of period	4,602,771

For further information, please contact:

Zanaga Iron Ore

Corporate Development and Andrew Trahar

Investor Relations Manager +44 20 7399 1105

Liberum Capital Limited

Nominated Adviser, Financial Neil Elliot and Richard Crawley

Adviser and Corporate Broker +44 20 3100 2000

About us:

Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is the owner of 50% less one share in the Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville) through its joint venture partnership with Glencore. The Zanaga Iron Ore Project is one of the largest iron ore deposits in Africa and has the potential to become a world-class iron ore producer.