Result of AGM

RNS Number : 3453N

Gem Diamonds Limited

09 June 2010

09 June, 2010

GEM DIAMONDS LIMITED

('the Company')

RESULT OF ANNUAL GENERAL MEETING

At the Company's Annual General Meeting held at J.P. Morgan Cazenove, 20 Moorgate, London on the 9th June 2010 at 10.00am all resolutions were duly passed.

The Company has lodged with the FSA two copies of all resolutions passed at the Company's AGM.

The final proxy voting figures are shown below:

ORDINARY RESOLUTIONS		FOR	AGAINST	WITHELD


RESOLUTION 1	Annual Report	105,705,974	156,511	0
Resolution Carried


RESOLUTION 2	Director's Remuneration Report	105,343,517	89,121	429,846
Resolution Carried


RESOLUTION 3	Re-appointment of Auditors	105,102,400	758,585	1,500
Resolution carried


RESOLUTION 4	Remuneration of Auditors	105,081,367	780,998	120
Resolution carried


RESOLUTION 5	Re-election of Clifford Elphick as a Director	104,609,057	986,302	267,126
Resolution carried


RESOLUTION 6	Re-election of Gavin Beevers as a Director	105,520,003	75,356	267,126
Resolution carried


RESOLUTION 7	Re-election of Glenn Turner as a Director	105,497,687	97,672	267,126
Resolution carried


RESOLUTION 8	Authorisation for directors to allot securities	104,940,995	596,801	267,226
Resolution carried


RESOLUTION 9	Amendments to ESOP	99,277,577	5,265,917	1,318,990
Resolution carried


SPECIAL RESOLUTIONS
RESOLUTION 10	Authorisation for directors to allot equity securities for cash	105,553,170	42,089	267,226
Resolution carried
RESOLUTION 11	Authorisation for directors to purchase, redeem or acquire shares in the Compnay	105,595,359	NIL	267,126
Resolution carried
RESOLUTION 12	Adoption of New Memorandum and Articles of Association	105,527,920	45,017	289,548
Resolution carried