67 Carat Diamond Sold

Petra Diamonds Ld
27 April 2006


                             Petra Diamonds Limited

                             67 Carat Diamond Sold


Petra Diamonds Limited ('Petra'), the AIM-quoted and ASX-listed diamond mining
group, announces that the 67.1 carat diamond recovered from its South Africa
operations in March 2006 was sold yesterday for an amount of US$704,265,
equivalent to US$10,496 per carat.


Johan Dippenaar, Petra's CEO, commented, 'We are delighted to announce the
amount received from sale of this exceptional stone. The price realised was in
the upper end of our expectations and bears testimony to the stones that can be
produced from our South African operations.'


 Ends


For further information, please contact:


Justine Howarth / Cathy Malins                   Telephone: [phone]                             
Parkgreen Communications, London                                  

Kevin Skinner                                    Telephone: [phone]
Field PR, Adelaide                               Mobile:    [phone]






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