Annual Report

Petra Diamonds Ld
14 November 2005


                     Petra Diamonds Limited ('the Company')

                          Annual Report - 30 June 2005


The Company's Annual Report for the year ending 30 June 2005 has been sent to
shareholders and is available online at www.petradiamonds.com, from the
Company's Group Head Office at Elizabeth House, 9 Castle Street, St. Helier,
Jersey, JE4 2QP and from the Perth office at Level 1, 1A Agnew Way, Subiaco,
Perth, WA 6008.


For further information, please contact:

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

Petra Diamonds, Perth
John Baillie
Tel [phone]






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