Holding(s) in Company

Petra Diamonds Ld
14 February 2007



                             Petra Diamonds Limited

                                ('the Company')



                            Significant Shareholding





On 14 February 2007 the Company was notified that following recent purchases
Saad Investments Company Limited now hold 33,810,390 ordinary shares in the
Company representing approximately 22.44% of the Company's ordinary issued share
capital.







For further information, please contact:


Cathy Malins / Annabel Leather                  Telephone: [phone]
Parkgreen Communications, London




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