Holding(s) in Company

Karelian Diamond Resources plc

(“Karelian Diamonds” or “the Company”)

24 October 2019

Holding in Company

Karelian Diamond Resources plc (AIM: KDR) announces that it was informed on 23 October 2019 that Richard Taberner is now beneficially interested in less than 3 per cent of the issued ordinary shares of €0.00025 and voting rights in the Company.

For further information please contact:

Karelian Diamond Resources plc	Tel: [phone]
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad)	Tel: [phone]
Nick Athanas/Nick Harriss
Brandon Hill Capital Limited (Broker)	Tel: [phone]
Jonathan Evans
Lothbury Financial Services	Tel: [phone]
Michael Padley
Hall Communications	Tel: [phone]
Don Hall

Visit the website at: www.kareliandiamondresources.com