Crown Merger Update

Petra Diamonds Ld 25 May 2005 Petra Diamonds Limited Proposed merger with Crown Diamonds NL ('Crown') ('the Merger') Petra Diamonds Limited ('Petra') (LSE: PDL), the AIM-quoted diamond mining group, is pleased to announce that at the Crown Scheme Meetings held earlier today in Australia all necessary shareholder and loan note holder resolutions regarding the Merger were passed. As previously announced, the Schemes of Arrangements are subject to approval by the Supreme Court of Western Australia. The court date to consider such approval is set for 31 May 2005. Completion of the Merger remains conditional, inter alia, on approval by Petra shareholders at the Extraordinary General Meeting to be held at 10.00 a.m. today at the offices of Memery Crystal, 44 Southampton Buildings, London, WC2A 1AP. For further information, please contact: David Abery Cathy Malins/Annabel Leather Petra Diamonds, South African office Parkgreen Communications, London Tel: +27 11 467 6710 Tel: +44 20 7493 3713 Frank H. Moxon Karl Paganin / Michael Soucik Williams de Broe Plc, London Euroz Securities, Perth Tel: +44 20 7588 7511 Tel: +61 8 9488 1430 In South Africa: In Australia: Johan Dippenaar John Baillie CEO and Director Director Crown Diamonds NL Crown Diamonds NL Tel: +27 14544 6116 Tel: +61 8 9381 8888 Fax: +27 14 544 6124 Fax: +61 8 9381 8333 Duncan Gordon Baker Young Stockbrokers Adelaide Tel: +61 882 368 888 Kevin Skinner Field Public Relations Tel: +61 8 8234 9555 Mobile: +61 414 822 631 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Petra Diamonds Ltd.(DI) (PDL)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today