Result of AGM

9 December 2011                                                                

                        Karelian Diamond Resources Plc                         

                                (the "Company")                                

                                 Result of AGM                                 

The Company announces that at the annual general meeting, held earlier today,
all resolutions were duly passed.

Further Information:

Professor Richard Conroy, Chairman, Karelian       Tel: [phone]        
Diamond Resources plc                                                          
                                                                               
Simon Clements/Virginia Bull, Merchant Securities  Tel: [phone]       
Limited (Nomad)                                                                
                                                                               
Brian Farrell, IBI Corporate Finance Limited (ESM  Tel: [phone]        
Adviser)                                                                       
                                                                               
John Grant/Karen Kelly/David Lawman , XCAP         Tel: [phone]       
Securities PLC (Broker)                                                        
                                                                               
Michael Padley/Michael Spriggs, Lothbury Financial Tel: [phone]       
Services Limited                                                               
                                                                               
Don Hall, Hall Communications                      Tel: [phone]        

http://www.kareliandiamondresources.com