Director Shareholding

Petra Diamonds Ld
26 August 2003


For release on 26 August 2003




                       PETRA DIAMONDS LTD ('THE COMPANY')

                        Purchase of shares by director.


On 22 August 2003 the Company was notified that one of its directors, David
Abery, had on that date purchased 10,000 ordinary shares of 10 pence in the
Company at a price of 50 pence per share.  The total holding of Mr Abery
following this purchase is 10,000 shares, representing 0.02% of the issued share
capital of the Company (current shares in issue are 51,638,496).


 Ends



For further information, please contact:

David Abery - Finance Director                   Justine Howarth / Cathy Malins
Petra Diamonds                                   Parkgreen Communications
Tel: [phone]                         Tel: [phone]



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