Result of AGM

15 December 2014

                                                                               
                        Karelian Diamond Resources Plc                         

                         ("Karelian" or the "Company")                         

                       Result of Annual General Meeting                        

Karelian announces that at the Annual General Meeting of the Company held
earlier today, all resolutions were duly passed.

Further Information:

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

http://www.kareliandiamondresources.com