Holding(s) in Company

Petra Diamonds Ld
30 November 2005

                             Petra Diamonds Limited

                                ('the Company')



                            Significant shareholding





On the 29 November 2005, the Company was notified that following recent
purchases Saad Investments Company Limited now hold 9,840,178 ordinary shares in
the Company representing approximately 6.65 per cent. of the Company's ordinary
issued share capital.




For further information, please contact:


Parkgreen Communications
Justine Howarth / Cathy Malins
Tel: [phone]






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