Block Admission Application

Petra Diamonds Ld
08 June 2007



                            Petra Diamonds Limited
                         
                          Block Admission Application


Petra Diamonds Limited (the 'Company') announces that an application has been
made to the AIM Market of the London Stock Exchange for the admission of 100,000
ordinary shares of £0.10 each in the Company to satisfy obligations under the
Company's share option scheme. These shares will be allotted and issued in due
course in accordance with the rules of the option scheme and will rank pari
passu in all respects with the existing ordinary shares in issue.

Trading in the ordinary shares under the block admission is expected to commence
on 14 June 2007.


Ends


For further information, please contact:


Cathy Malins / Annabel Leather                  Telephone: [phone]
Parkgreen Communications, London




                      This information is provided by RNS
            The company news service from the London Stock Exchange END

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