KARELIAN DIAMOND RESOURCES PLC

Major Shareholding Notification • Mar 27, 2017

National Storage Mechanism | Additional information

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Karelian Diamond Resources Plc - Holding(s) in Company

PR Newswire

London, March 26

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (“MAR”).  Upon publication of this announcement via a Regulatory Information Service (“RIS”), this inside information is now considered to be in the public domain.

Karelian Diamond Resources plc

(“Karelian” or “the Company”)

27 March 2017

Holding in the Company

Karelian Diamond Resources plc (“Karelian”) (AIM: KDR, ESM: KDRI), announces that it was informed on 25 March 2017 that Steven Coomber is now interested in 13,095,391 ordinary shares of €0.00001 in the capital of the Company, equal to approximately 3.18 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