Holding(s) in Company

Gem Diamonds Limited
09 March 2007



Gem Diamonds Limited

Gem Diamonds Limited received notification on 6th March 2007 from Capital Group
International, Inc. ('CGII') that it is interested in 4,960,400 ordinary shares
which constitutes 8.005% of the issued share capital of Gem Diamonds Limited

This holding is held through the following GGII Management Companies and Funds:


Capital Guardian Trust Company
467,800 shares
0.755%


Capital International S.A.
6,200 shares
0.010%


Capital International, Inc. Emerging Markets Growth Fund, Inc.
4,486,400 shares
7.240%



                      This information is provided by RNS
            The company news service from the London Stock Exchange