Holding(s) in Company

Karelian Diamond Resources plc
(“Karelian Diamonds” or “the Company”)

11 May 2020

Holding in Company

Karelian Diamond Resources plc (AIM: KDR) announces that it was today informed that Kevin Taylor now holds 3,022,939 ordinary shares of €0.00025 (“Ordinary Shares”) in the Company, equal to approximately 7.02% of the issued share capital and voting rights of the Company.

Athanas

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