Petra Diamonds Ltd.

Remuneration Information • Nov 27, 2014

National Storage Mechanism | Additional information

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RNS Number : 2324Y

Petra Diamonds Limited

27 November 2014

27 November 2014	LSE: PDL

Petra Diamonds Limited

("Petra" or the "Company" or the "Group")

Result of Annual General Meeting

Petra Diamonds Limited is pleased to announce that, at its AGM held earlier today, shareholders passed each of the ordinary and special resolutions by the requisite majorities on a poll. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website. The total number of votes cast for each resolution is set out in the table below.

Resolutions	Votes for (incl. discretionary)	% of Votes cast	Votes against	% of Votes Cast	Total Votes Cast	Total Votes Withheld
1. To receive the Financial Statements of      the Company for the year ended 30     June 2014, together with the Reports     of the Directors and Auditors thereon.	411,170,714	99.62	1,569,796	0.38	412,740,510	299,299
2. To approve the Directors' Annual       Remuneration  Report for the year      ended 30 June 2014.	409,555,240	99.98	94,341	0.02	409,649,581	3,390,228
3. To approve the Directors'     Remuneration Policy as contained in     the 2014 Annual Report.	393,232,862	95.27	19,519,216	4.73	412,752,078	287,731
4. To re-appoint BDO LLP as Auditors to     act as such until the conclusion of the     next AGM of the Company.	408,395,637	98.97	4,266,739	1.03	412,662,376	377,433
5. To authorise the Directors of the     Company to fix the remuneration of the     Auditors.	409,928,091	99.32	2,825,941	0.68	412,754,032	285,777
6. To re-appoint Mr Adonis Pouroulis,     who retires in accordance with the     Company's Bye-Laws, as a Director of     the Company.	379,673,631	94.24	23,217,487	5.76	402,891,118	10,148,691
7. To re-appoint Mr Christoffel Johannes     Dippenaar, who retires in accordance     with the Company's Bye-Laws, as a     Director of the Company.	390,639,729	94.64	22,113,805	5.36	412,753,534	286,275
8. To re-appoint Mr David Gary Abery,      who retires in accordance with the      Company's Bye-Laws, as a Director of      the Company.	388,458,039	94.11	24,295,495	5.89	412,753,534	286,275
9. To re-appoint Mr James Murry       Davidson, who retires in accordance      with the Company's Bye-Laws, as a      Director of the Company.	387,210,261	93.81	25,539,973	6.19	412,750,234	289,575
10. To re-appoint Mr Anthony Carmel      Lowrie, who retires in accordance with      the Company's Bye-Laws, as a      Director of the Company.	403,378,388	97.73	9,375,146	2.27	412,753,534	286,275
11. To re-appoint Dr Patrick John Bartlett,       who retires in accordance with the       Company's Bye-Laws, as a Director       of the Company.	403,378,888	97.73	9,374,646	2.27	412,753,534	286,275
12.  To re-appoint Mr Alexander Gordon        Kelso Hamilton, who retires in        accordance with the Company's        Bye-Laws, as a Director of the        Company.	404,699,142	98.05	8,050,592	1.95	412,749,734	290,075
13. To authorise the Directors of the        Company to allot Relevant Securities        within the meaning of Bye-Law 2.4 of        the Company's Bye-Laws.	412,753,480	99.99	1,154	0.01	412,754,634	285,175
14. To disapply the pre-emption        provisions of Bye-Law 2.5(a)        pursuant to Bye-Law 2.6(a)(i) of the        Company's Bye-Laws.	412,749,575	99.99	4,704	0.01	412,754,279	285,530

Notes:

1. Votes "For" and "Against" are expressed as a percentage of votes received.

2. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

3. Total number of ordinary shares in issue as at 5pm on 25 November 2014 was 512,110,048.

In accordance with LR 9.6.2R the full text of resolution 14 has been submitted to the National Storage Mechanism and will be available for inspection at www.Hemscott.com/nsm.do.

~ Ends ~

For further information, please contact:

Petra Diamonds, London	Telephone: +44 20 7494 8203
Cathy Malins	[email protected]
Cornelia Grant	[email protected]

Buchanan (PR Adviser)	Telephone: +44 20 7466 5000
Bobby Morse Louise Mason	[email protected] [email protected]

RBC Capital Markets (Joint Broker)	Telephone: +44 20 7653 4000
Matthew Coakes Jonathan Hardy	[email protected] [email protected]

Barclays (Joint Broker)	Telephone: +44  20 7623 2323
Bertie Whitehead	[email protected]
Marcus Jackson	[email protected]

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in five producing mines: four in South Africa (Finsch, Cullinan, Koffiefontein and Kimberley Underground) and one in Tanzania (Williamson). It also maintains an exploration programme in Botswana.

Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to 5 million carats by FY 2019. The Group has a major resource base in excess of 300 million carats.

Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a constituent of the FTSE 250 Index.

For more information, visit the Company's website at www.petradiamonds.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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