Holding(s) in Company

Petra Diamonds Ld
08 January 2007


For release 8 January 2007


                             Petra Diamonds Limited
                                ('the Company')


                            Significant Shareholding


On 5 January 2007 the Company was notified that following recent purchases Al
Rajhi Holdings W.L.L. hold 11,601,583 ordinary shares in the Company
representing approximately 7.7% 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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