Issue of Equity

Zest Group PLC
05 September 2005

5 September 2005

Zest Group Plc

Zest Group plc announces that it has today allotted and issued 8,285,714
ordinary shares of 0.25p at 7p per share ('Ordinary Shares').  The new Ordinary
Shares were issued in respect of placing commitments entered into by placees for
19,333,333 Ordinary Shares which were admitted to trading on the AIM Market on
24 March 2005, whereby such placees undertook to subscribe for the additional
8,285,714 Ordinary Shares at 7p per share, at any time before 28 February 2006
(the 'Second Fundraising').

Application has been made for the admission of 8,285,714 Ordinary Shares to
trading on the AIM Market.  The new Ordinary Shares will rank pari passu with
the existing ordinary shares of the Company and dealings in the new Ordinary
Shares are expected to commence on 9 September 2005.  The issued share capital
of the Company further to the Second Fundraising and the Ordinary Shares being
admitted to trading on AIM will be 81,952,382 Ordinary Shares.

The proceeds of the placing will be utilised for the provision of working
capital.

Enquiries:

Zest Group plc:               Steve Weltman: telephone [phone]
W.H. Ireland Limited:         Ruth Gifford/Tim Cofman: telephone [phone]


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