Holding(s) in Company

12 February 2016

Karelian Diamond Resources Plc

(“KDR” or the “Company”)

Holding in Company

Karelian (AIM: KDR, ESM: KDRI), the diamond exploration company focused on Finland, has received notification that Mr Alan Osborne now holds 8,739,045 ordinary shares, representing 3.05 per cent. of the issued share capital of the Company.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc	Tel: [phone]
Virginia Bull / Simon Clements, Sanlam Securities UK Limited (Nomad)	Tel: [phone]
Ger Heffernan/Jan Fitzell,  IBI Corporate Finance Limited (ESM Adviser)	Tel: [phone]
Jon Belliss/ Elliot Hance, Beaufort Securities Plc (Broker)	Tel: [phone]
Michael Padley, Lothbury Financial Services Limited	Tel: [phone]
Don Hall,  Hall Communications	Tel: [phone]

http://www.kareliandiamondresources.com