Notification of Trading Update

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10 May 2017

Gem Diamonds Limited (LSE: GEMD) will be releasing a Trading Update at 07:00 BST on Tuesday, 23 May 2017.

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

For further information:
Gem Diamonds Limited
ir@gemdiamonds.com

Susan Wallace, Company Secretarial department

Celicourt Communications

Mark Antelme / Joanna Boon
Tel: +44 (0) 207 520 9261

About Gem Diamonds:

Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho.   Since Gem Diamonds' acquisition of Letšeng in 2006, the mine has produced four of the 20 largest gem-quality white diamonds ever recorded.  Gem Diamonds also owns 100% of the Ghaghoo mine in Botswana which has been placed on care and maintenance until market conditions allow for recommencement of production

www.gemdiamonds.com