KARELIAN DIAMOND RESOURCES PLC

Major Shareholding Notification • May 3, 2016

National Storage Mechanism | Additional information

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KARELIAN DIAMOND RESOURCES PLC - Holding(s) in Company

PR Newswire

London, May 3

3 May 2016

KARELIAN DIAMONDS RESOURCES

HOLDING IN COMPANY

Karelian (AIM: KDR, ESM: KDRI), the diamond exploration company focused on Finland, has received notification that Mr Alan Osborne now holds 11,708,566 ordinary shares, representing 4.09 per cent. of the issued share capital of the Company.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc	Tel: +353-1-661-8958
Virginia Bull / Simon Clements, Allenby Capital Limited (Nomad)	Tel: +44-20-3328-5656
Ger Heffernan, 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

http://www.kareliandiamondresources.com