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ZimNRG plc (ZIMO)

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Tuesday 16 June, 2009

ZimNRG plc

Issue of Equity and interests



                                                                                                        16 June 2009
                                                     ZimNRG PLC
                                             ('ZimNRG' OR THE 'COMPANY')

                                      NOTIFICATION OF SUBSTANTIAL SHAREHOLDING

In accordance with the DTR's the Directors of ZimNRG confirm that there are currently 43,200,068 ordinary shares of
1p nominal value in issue and that there are Warrants to subscribe for a total of 33,250,000 ordinary shares
exercisable at 3p per share up to the fifth anniversary of admission (29 June 2011).

The Directors of ZimNRG Plc announce that pursuant to the Executive Directors service contracts ( as disclosed in
Part IV para 6.2 (b) of the Offer Document) that a total of 2,459,813 shares were issued in respect of Directors'
Fees and Executives' services for the periods to 28th February 2009:

Summary of total of Directors' shareholdings:

-----------------------------------------------------------------
|Director                                  |Number of shares     |% shares in issue|
-----------------------------------------------------------------
|Christopher Latilla-Campbell   |2,239,761            |  5.18         |
-----------------------------------------------------------------
|Alan Mason                     |2,235,307            |  5.17         |
-----------------------------------------------------------------
|Jonathan de Thierry            | 1,400,000           |  3.24         |
-----------------------------------------------------------------
|TOTAL                          |5,875,068            |  13.60        |
-----------------------------------------------------------------

The total number of shares in issue is 43,200,068.

(Christopher Latilla-Campbell is a potential beneficiary of the Somers Investments Limited holding of 14,250,000
shares, representing 32.99% of the shares in issue).

The Company has been advised that subsequent to this issue of shares in respect directors' fees that Christopher
Latilla-Campbell has a notifiable interest in the securities of the company of 5.18%, and that Alan Mason has a
notifiable interest in the securities of the company of 5.17%

The  Board  of  ZimNRG Plc has received notification on 12 June that Loeb Aron & Company Ltd.  has  an  interest  in
1,500,000  shares in the Company. This interest is 3.47% of the issued voting shares of the Company. Loeb Aron  also
has an interest in 7,462,500 warrants which is equivalent to 17.27% of the issued voting shares of the Company. Loeb
Aron  has  an interest in financial instruments with similar economic effect to Qualifying Financial Instruments  of
20.74%

The Board of ZimNRG Plc has received notification on 12 June that RAB Capital PLC acting as Discretionary Manager of
RAB  Special  Situations  (Master) Fund Limited ("RAB") has an interest in 7,500,000 shares  in  the  Company.  This
interest is 17.36% of the issued voting shares of the Company. RAB also has an interest in 7,500,000 warrants  which
is  equivalent  to  17.36% of the issued voting shares of the Company. RAB has an interest in financial  instruments
with similar economic effect to Qualifying Financial Instruments of 34.72%

                      The directors take responsibility for the contents of this announcement.

                                                     ---ENDS---

ENQUIRES:

ZimNRG PLC                                                       01403 738 555
Christopher Latilla-Campbell

ADVISOR                                                          020 7628 1128
Peter Freeman
Loeb Aron & Company Ltd.

ZimNRG plc