Completion of Disposal

Zest Group PLC 18 February 2008 18 February 2008 Zest Group PLC ('Zest' or the 'Group' AIM: ZEST) Completion of Disposal DISPOSAL OF GREENSLEEVES RECORDS LIMITED FOR £3.1 MILLION COMPLETED The Board of Zest is pleased to announce the successful completion of the sale of its reggae business to V P Records (UK) Limited for £3.1 million and confirm that the funds have been received. Shareholder approval for the disposal was granted at the General Meeting of the Company on 13th February 2008. Full details of the transaction were set out in the circular to shareholders dated 28th January 2008. Enquiries: Steve Weltman, Chief Executive +44 (0) 207 451 9800 John Bick +44 (0) 7917 649 362 Tim Cofman/Nicola Rayner +44 (0) 121 265 6330 www.zestmusic.com This information is provided by RNS The company news service from the London Stock Exchange DISBUGDDGUBGGII
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