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Karelian Diamond Res. (KDR)

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Tuesday 28 March, 2017

Karelian Diamond Res.

Holding(s) in Company

Karelian Diamond Resources plc

(“Karelian” or “the Company”)

28 March 2017

Holding in the Company

Karelian Diamond Resources plc (“Karelian”) (AIM: KDR, ESM: KDRI), announces that it was informed earlier today that Alan Osborne is now interested in 20,813,224 ordinary shares of €0.00001 in the capital of the Company, equal to approximately 5.05 per cent. of Company’s issued ordinary share capital.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc           Tel: +353-1-661-8958
Virginia Bull / James Thomas / Nick Harriss, Allenby Capital Limited (Nomad)           Tel: +44-20-3328-5656
Ger Heffernan / Jan Fitzell, IBI Corporate Finance Limited (ESM Adviser)           Tel: +353-7662-34800
Jon Belliss / Elliot Hance, Beaufort Securities Limited (Broker)           Tel: +44-20-7382-8300
Michael Padley, Lothbury Financial Services Limited           Tel: +44-20-3290-0707
Don Hall, Hall Communications           Tel: +353-1-660-9377

www.kareliandiamondresources.com


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