RNS Number:4043R
Firestone Diamonds PLC
16 February 2007


TR-1(i):               notification of major interests in shares


1. Identity of the issuer or the underlying issuer of existing          Firestone Diamonds plc
shares to which voting rights are attached(ii):

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):  Notification of holding at 20 January 2007                               X

3. Full name of person(s) subject to the notification obligation        JP Morgan Chase & Co.
(iii):

4. Full name of shareholder(s) (if different from 3.)(iv):             JP Morgan Asset Management (UK)
                                                                                 Limited

5. Date of the transaction and date on which the threshold is                        N/A
crossed or reached(v):

6. Date on which issuer notified:                                                 14/02/2007


7. Threshold(s) that is/are crossed or reached:                                  5% threshold



8. Notified details:


A: Voting rights attached to shares


Class/type of    Situation previous to Resulting situation after the triggering transaction(vii)
shares           the Triggering
                 transaction (vi)
 if possible     Number of  Number of  Number of    Number of voting rights   % of voting rights
using the ISIN   Shares     Voting     shares       ix
CODE                        Rights
                            viii       Direct       Direct  x    Indirect xi  Direct       Indirect



Firestone        N/A        N/A        0            0            3,065,536    0            5.50
Diamonds plc
(ISIN
GB0003915336)


B: Financial Instruments


Resulting situation after the triggering transaction xii


Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.


      N/A


Total (A+B)


Number of voting rights                            % of voting rights


3,065,536                                          5.50




9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:

Total disclosable holding for JP Morgan Chase & Co. : 3,065,536  Voting rights (5.50%)

Holdings by controlled undertakings of JP Morgan Chase & Co. are as follows:

JP Morgan Asset Management (UK) Limited : 3,065,536  Voting rights (5.50%)


Proxy Voting:

10. Name of the proxy holder:                                           N/A

11. Number of voting rights proxy holder will cease to hold:            N/A

12. Date on which proxy holder will cease to hold voting rights:   N/A


13. Additional information:                  This is notification of disclosable holding as at 20 January
                                             2007.

14. Contact name:                            Philip Kenny

15. Contact telephone number:                0208 834 1028 / 07831 324645


--------------------------


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

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