Holding in Company

Petra Diamonds Ld
06 June 2007

                             Petra Diamonds Limited
                                ('the Company')

                            Significant Shareholding

On 5 June 2007 the Company was notified that following recent purchases Al Rajhi
Holdings W.L.L. holds 14,100,000 ordinary shares in the Company representing
approximately 7.8% 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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