Total Voting Rights

31 December 2010                                                               

                        Karelian Diamond Resources Plc                         

                                (the "Company")                                

                              Total Voting Rights                              

The Company announces that, pursuant to the requirements of the Disclosure and
Transparency Rules, the total number of voting rights in respect of each class
of share in issue and admitted to trading on AIM at the date of this
announcement is as follows:

                                             Number of shares Numbers of voting
                                                     in issue            rights
                                                                               
Ordinary shares of €0.01 each                      72,208,342        72,208,342
                                                                               

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company, under
the Disclosure and Transparency Rules.

Further Information:

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

http://www.kareliandiamondresources.com