Holding(s) in Company

Karelian Diamond Resources plc

(“Karelian Diamonds” or “the Company”)

24 July 2019

Holding in Company

Karelian Diamond Resources plc (AIM: KDR) announces that it was today informed that Alan Osborne is now beneficially interested in 1,832,257 ordinary shares of €0.00025 in the Company, equal to approximately 4.95 per cent of the issued share capital and voting rights of the Company.

For further information please contact:

Karelian Diamond Resources plc	Tel: [phone]
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad)	Tel: [phone]
Nick Athanas/Nick Harriss
Brandon Hill Capital Limited (Broker)	Tel: [phone]
Jonathan Evans
Lothbury Financial Services	Tel: [phone]
Michael Padley
Hall Communications	Tel: [phone]
Don Hall

Visit the website at: www.kareliandiamondresources.com