Holding(s) in Company

Gem Diamonds Limited
30 March 2007








Gem Diamonds Limited



Gem Diamonds Limited received notification on 29th March 2007 from Blackrock
Investment Management (UK) Ltd that it is interested in 7,735,479 ordinary
shares which constitutes 12.48% of the issued share capital of Gem Diamonds
Limited



Of this there is only one holding above 3.00% namely:





Merrill Lynch International Investment Fund

4,171,269 shares

6.73%



 END






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