DIRECTOR'S SALE OF SHARES

Back

15 May 2008

Having been given permission to deal and in accordance with DTR 3.1.3, Gem Diamonds received notification that Graham Wheelock (Chief Mineral Resources Manager) sold 230 000 Ordinary Shares of US$ 0.01 each, at a price of £11.22 on 14 May 2008.

For further information:
Gem Diamonds Limited

Andre Confavreux
Tel: +44 203 043 0280