Result of AGM

RNS Number : 2666F

Gem Diamonds Limited

13 June 2012

13 June, 2012

GEM DIAMONDS LIMITED

('the Company')

RESULT OF ANNUAL GENERAL MEETING

At the Company's Annual General Meeting held at the Grosvenor Hotel, 101 Buckingham Palace Road, London, SW1W 0SJ, on the 12^th June 2012 at 09.30am all resolutions were duly passed.

The Company has lodged with the FSA two copies of all resolutions passed at the Company's AGM.

The final proxy voting figures are shown below:

ORDINARY RESOLUTIONS		FOR	AGAINST	WITHELD


RESOLUTION 1	Reports and Accounts	98,788,836	13	0
Resolution Carried


RESOLUTION 2	Director's Remuneration Report	98,273,083	433,364	82,402
Resolution Carried


RESOLUTION 3	Re-appointment of Auditors	98,787,449	1,400	0
Resolution carried


RESOLUTION 4	Remuneration of Auditors	98,788,749	0	100
Resolution carried


RESOLUTION 5	Re-election of Clifford Elphick as a Director	97,017,012	1,771,837	0
Resolution carried


RESOLUTION 6	Re-election of Gavin Beevers as a Director	98,471,822	317,027	0
Resolution carried


RESOLUTION 7	Re-election of Dave Elzas as a Director	98,319,534	317,027	152,288
Resolution carried


RESOLUTION 8	Re-election Mike Salamon as a Director	98,471,622	317,027	200
Resolution carried


RESOLUTION 9	Re-election of Richard Williams as a Director	98,292,068	358,627	138,154
Resolution carried


RESOLUTION 10	Re-election of Alan Ashworth as a Director	98,209,865	440,830	138,154
Resolution carried


RESOLUTION 11	Re-election of Kevin Burford as a Director	98,388,019	400,830	0
Resolution carried


RESOLUTION 12	Re-election of Glenn Turner as a Director	98,209,665	440,830	138,354
Resolution carried


RESOLUTION 13	Re-election of Roger Davis as a Director	85,813,235	2,026,882	10,948,732
Resolution carried


RESOLUTION 14	Authority to allot shares	98,666,770	121,979	100
Resolution carried


RESOLUTION 15	Disapplication of pre-emption rights	98,785,995	1,110	20,863,675
Resolution carried


RESOLUTION 16	Purchase of own shares	98,788,349	500	0
Resolution carried