KARELIAN DIAMOND RESOURCES PLC

Major Shareholding Notification • Dec 12, 2016

National Storage Mechanism | Additional information

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Karelian Diamond Resources Plc - Holding(s) in Company

PR Newswire

London, December 12

12 December 2016

Karelian Diamond Resources Plc

(“KDR” or the “Company”)

HOLDINGS IN COMPANY

Karelian Diamond Resources Plc (AIM: KDR, ESM: KDRI) announces that it has been informed that, following a purchase made earlier today, Mr Alan Osborne now hold 15,945,750 ordinary shares of €0.00001 each in the Company, equal to approximately 5.02 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
David Hart / 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