Gem Diamonds, LSE: GEMD, the FTSE 250 listed diamond producer, announces that it was notified by MrGavin Beevers , a Non-Executive Director of the Company, that he purchased 13,500ordinary shares at an average price of 286.28 pence per share for a total consideration of £38,647.24 on the21st October, 2008. His holding of ordinary shares in the Company has increased to 148,164shares, representing approximately 0.24% of the Company's issued shared capital.
For further information:
Gem Diamonds Limited
Andre Confavreux
Tel: +44 203 043 0280
Pelham PR
Candice Sgroi
Tel: +44207 7436376
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