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Karelian Diamond Res. PLC (KDR)

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Friday 12 February, 2016

Karelian Diamond Res. PLC

Holding(s) in Company

12 February 2016

Karelian Diamond Resources Plc

(“KDR” or the “Company”)

Holding in Company

Karelian (AIM: KDR, ESM: KDRI), the diamond exploration company focused on Finland, has received notification that Mr Alan Osborne now holds 8,739,045 ordinary shares, representing 3.05 per cent. of the issued share capital of the Company.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc           Tel: +353-1-661-8958
Virginia Bull / Simon Clements, Sanlam Securities UK Limited (Nomad)           Tel: +44-20-7628-2200
Ger Heffernan/Jan Fitzell,  IBI Corporate Finance Limited (ESM Adviser)           Tel: +353-7662-34800
Jon Belliss/ Elliot Hance, Beaufort Securities Plc (Broker)           Tel: +44-20-7382-8300
Michael Padley, Lothbury Financial Services Limited           Tel: +44-20-3290-0707
Don Hall,  Hall Communications           Tel: +353-1-660-9377

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