Karelian Diamond Resources Plc - Holding in Company

Karelian Diamond Resources plc

(“Karelian Diamonds” or “the Company”)

1 October 2019

Holding in Company

Karelian Diamond Resources plc (AIM: KDR) announces that it was today informed that Alan Osborne is now beneficially interested in 2,000,000 ordinary shares of €0.00025 in the Company (“Ordinary Shares”), equal to approximately 5.18 per cent of the issued share capital and voting rights of the Company.

For further information please contact:

Karelian Diamond Resources plc	Tel: +353-1-479-6180
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad)	Tel: +44-20-3328-5656
Nick Athanas/Nick Harriss
Brandon Hill Capital Limited (Broker)	Tel: +44-20-3463-5000
Jonathan Evans
Lothbury Financial Services	Tel: +44-20-3290-0707
Michael Padley
Hall Communications	Tel: +353-1-660-9377
Don Hall