Holding(s) in Company

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: [phone]
Virginia Bull / Simon Clements, Allenby Capital Limited (Nomad)	Tel: [phone]
Ger Heffernan, IBI Corporate Finance Limited (ESM Adviser)	Tel: [phone]
Jon Belliss/Elliot Hance, Beaufort Securities Limited (Broker)	Tel: [phone]
Michael Padley, Lothbury Financial Services Limited	Tel: [phone]
Don Hall, Hall Communications	Tel: [phone]

http://www.kareliandiamondresources.com