Correction: Result of AGM

RNS Number : 3717F

Gem Diamonds Limited

14 June 2012

This announcement replaces the announcement made at 10:23 BST on 13^th June 2012 under RNS Number: 2666F.

14 June, 2012

GEM DIAMONDS LIMITED

('the Company')

RESULT OF ANNUAL GENERAL MEETING

At the Company's Annual General Meeting held at the Grosvenor Hotel, 101 Buckingham Palace Road, London, SW1W 0SJ, on the 12^th June 2012 at 09.30am, all resolutions were passed. In summary fourteen of the sixteen resolutions were passed at 99% or above with the remaining two resolution at more than 98%.

The actual final voting figures, based on a poll, are as follows:

ORDINARY RESOLUTIONS		FOR	AGAINST	WITHELD


RESOLUTION 1	Reports and Accounts	119,650,767	13	0
Resolution Carried


RESOLUTION 2	Director's Remuneration Report	119,135,014	433,364	82,402
Resolution Carried


RESOLUTION 3	Re-appointment of Auditors	119,649,380	1,400	0
Resolution carried


RESOLUTION 4	Remuneration of Auditors	119,650,680	0	100
Resolution carried


RESOLUTION 5	Re-election of Clifford Elphick as a Director	117,878,943	1,771,837	0
Resolution carried


RESOLUTION 6	Re-election of Gavin Beevers as a Director	119,333,753	317,027	0
Resolution carried


RESOLUTION 7	Re-election of Dave Elzas as a Director	119,181,465	317,027	152,288
Resolution carried


RESOLUTION 8	Re-election Mike Salamon as a Director	119,333,553	317,027	200
Resolution carried


RESOLUTION 9	Re-election of Richard Williams as a Director	119,153,999	358,627	138,154
Resolution carried


RESOLUTION 10	Re-election of Alan Ashworth as a Director	119,071,796	440,830	138,154
Resolution carried


RESOLUTION 11	Re-election of Kevin Burford as a Director	119,249,950	400,830	0
Resolution carried


RESOLUTION 12	Re-election of Glenn Turner as a Director	119,071,596	440,830	138,354
Resolution carried


RESOLUTION 13	Re-election of Roger Davis as a Director	106,675,166	2,026,882	10,948,732
Resolution carried


RESOLUTION 14	Authority to allot shares	119,528,701	121,979	100
Resolution carried

SPECIAL RESOLUTIONS

RESOLUTION 15	Disapplication of pre-emption rights	98,785,995	1,110	20,863,675
Resolution carried


RESOLUTION 16	Purchase of own shares	119,650,280	500	0
Resolution carried