Change of Adviser

Petra Diamonds Ld
06 April 2006


                              Petra Diamonds Limited

                  Appointment of Nominated Adviser and Broker


Petra Diamonds Limited ('the Company'), the AIM-quoted and ASX-listed diamond
mining group, has today appointed Collins Stewart Limited as AIM Nominated
Adviser and Broker to the Company with immediate effect.


For further information, please contact:

Andrew Smith / Martin Eales                                       Telephone: [phone]
Collins Stewart, London

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




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