Holding in Company

Petra Diamonds Ld
04 April 2007


                             Petra Diamonds Limited
                                ('the Company')

                            Significant Shareholding


On 3 April 2007 the Company was notified that following recent purchases Al
Rajhi Holdings W.L.L. hold 12,851,583 ordinary shares in the Company
representing approximately 7.1% of the Company's ordinary issued share capital.


For further information, please contact:


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


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