Significant Shareholding

Petra Diamonds Ld
26 September 2006





26 September 2006



                             Petra Diamonds Limited

                                ('the Company')


                            Significant Shareholding





On 25 September 2006 the Company was notified that following recent purchases Al
Rajhi Holdings W.L.L. (including the holding of Al Salam Opportunities as
announced on 22 May 2006) hold 8,853,333 ordinary shares in the Company
representing approximately 5.88% of the Company's ordinary issued share capital.









For further information, please contact:


Cathy Malins                                            Telephone: [phone]
Parkgreen Communications, London






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