Directors' Notification of Dealing in Shares

Petra Diamonds Ld
25 May 2000




DIRECTORS DEALING

In accordance with Rule 16.17 (a) of the AIM Rules in respect of
directors shareholding, the following information falls to be
disclosed:

Date of transaction:  24 May 2000

Holder:  Dr Issa Al-Kawari*

Price of shares purchased:  79.5p

Number of shares purchased:  100,000 ordinary shares of 10p each

Percentage of holding following purchase: 1.04%



The company was informed of the purchase on 24 May 2000

*Dr Issa Al-Kawari is a proposed director of Petra Diamonds
Limited following the acquisition of Oryx National Resources.



Date:  25 May 2000