Change of Registered Office

27 March 2015

                        Karelian Diamond Resources plc

                         ("Karelian" or "the Company")

                          Change of Registered Office                          

Karelian Diamond Resources plc (AIM: KDR; ESM: KDR.I), announces that it has
changed its registered office to 9 Merrion Square North, Dublin 2.

Further Information:

Professor Richard Conroy, Chairman/ Karelian Diamond        Tel: [phone]
Resources plc                                                                  
                                                                               
Virginia Bull/Simon Clements/ Sanlam Securities UK Limited  Tel: [phone] 
(Nomad)                                                       
                                                                               
Elliot Hance/ Beaufort Securities Limited (Broker)          Tel: [phone]    
                                                                               
Ger Heffernan/IBI Corporate Finance Limited (ESM Adviser)   Tel: [phone]
                                                                               
Michael Padley/ Lothbury Financial Services                 Tel: [phone]    
                                                                               
Don Hall/ Hall Communications                               Tel: [phone]


Visit the website at: www.kareliandiamondresources.com