Holding(s) in Company

24 March 2023

Karelian Diamond Resources plc

(“Karelian Diamonds” or the “Company”)

Holding in Company

Karelian Diamonds (AIM: KDR) announces that it was informed on 23 March 2023 that Steve Coomber’s shareholding in the Company is 6,760,391 ordinary shares of €0.00025 each (“Ordinary Shares”), equivalent to approximately 8.00% of the current issued share capital and voting rights of the Company.

For further information please contact:

Karelian Diamond Resources plc	Tel: [phone]
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad)	Tel: [phone]
Nick Athanas/Nick Harriss
First Equity Limited (Broker)	Tel: [phone]
Jason Robertson
Lothbury Financial Services	Tel: [phone]
Michael Padley
Hall Communications	Tel: [phone]
Don Hall
Visit the Company website at: www.kareliandiamondresources.com