Significant Shareholding

RNS Number : 5473B

Petra Diamonds Ld

18 August 2008

 



18 August 2008

AIM: PDL

Petra Diamonds Limited 

('the Company')

Significant Shareholding

The Company was today notified that following recent purchases Saad Investments Company Limited now

holds 61,540,392 ordinary shares in the Company representing approximately 33.45% of the Company's

ordinary issued share capital.

Petra Diamonds Limited is a Bermuda registered company and as such is not subject to the Takeover Code and

accordingly there is no obligation for a mandatory offer under Rule of the Takeover Code by any shareholder increasing

their holding above 30% of the Company's issued share capital.

For further information, please contact:

Cathy Malins	Telephone: [phone]
Petra Diamonds, London	[e-mail]

Adrian Hadden	Telephone: [phone]
Collins Stewart, London

or visit Petra Diamonds at www.petradiamonds.com

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