Holding(s) in Company

Gem Diamonds Limited
07 December 2007



Gem Diamonds Ltd

Disclosure of interest in shares

BlackRock Investment Management (UK) Ltd - (BIM)

BIM have advised the company that their percentage aggregate holding has reduced
to 8,104,286 shares (12.99%) from 8,146,303 shares (13.06%).


Andre Confavreux

Company Secretary

020 3043 0280


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