10 November 2011

ZANAGA IRON ORE COMPANY LIMITED

(the "Company")

Publication of Investor Presentation

Zanaga Iron Ore Company Limited (AIM:ZIOC) announces that it has posted the latest investor presentation on the Company's website, www.zanagairon.co.uk.

For further information please contact:

Zanaga UK Services Limited                                                                              

Corporate Development and                                                                                                                  Andrew Trahar
Investor Relations Manager                                                                                                            +44 20 7399 1105

Liberum Capital Limited

Nominated Adviser, Financial                                                                          Chris Bowman, Christopher Britton
Adviser and Joint Corporate Broker                                                                                  and Christopher Kololian

                                                                                                                                                               +44 20 3100 2000

Citigroup Global Markets Limited

Joint Corporate Broker                                                                                                                                   Alex Carter

                                                                                                                                                               +44 20 7986 4000

Pelham Bell Pottinger

Financial PR                                                                                                                                       James MacFarlane
                                                                                                                                                          and Philippe Polman

                                                                                                                                                               +44 20 7861 3232

About us:

Zanaga Iron Ore Company Limited (AIM:ZIOC) is a BVI registered Company and the owner of 50% less one share interest in the Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville) through its joint venture partnership with Xstrata. The Zanaga Project is focused on the management, development and construction of a world-class iron ore mine and related, processing, transportationand port infrastructure