Report and Accounts

Petra Diamonds Ld
29 December 2000



IMMEDIATE RELEASE TO COMPANY ANNOUNCEMENTS OFFICE

PETRA DIAMONDS LIMITED

The annual report and accounts for the year ended 30 June 1999 have been
published and sent to shareholders.  Further copies may be obtained from:

Boswell City Financial PR Ltd, Bridewell House, 9 Bridewell Place, London,
EC4V 6AW