Holding(s) in Company

11 April 2023

Karelian Diamond Resources plc

(“Karelian Diamonds” or the “Company”)

Holdings in Company

Karelian Diamonds (AIM: KDR) announces that it was informed on 10 April 2023 that, as at 5 April 2023, Morgan Stanley no longer has a notifiable interest in the ordinary shares of €0.00025 each in the Company (“Ordinary Shares”). The interest of Morgan Stanley in the Ordinary Shares is held on behalf of its subsidiary, Morgan Stanley & Co. International plc.

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
First Equity Limited (Broker)	Tel: [phone]
Jason Robertson
Lothbury Financial Services	Tel: [phone]
Michael Padley
Hall Communications	Tel: [phone]
Don Hall
Visit the Company website at: www.kareliandiamondresources.com