HALF YEARLY RESULTS AND IMS NOTIFICATION

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15 Aug 2008

Gem Diamonds (LSE: GEMD), the FTSE 250 listed diamond company will be releasing its Interim Management Statement and its Half Yearly Results to the 30th of June, 2008 on Friday the 29th of August, 2008.

An analyst presentation will take place at 09:00 that morning at The Royal Exchange, Mezzanine Level, London, EC3V 3LQ .

A webcast of this presentation will be available for download from 14.00 (BST) that day on www.gemdiamonds.com.

For further information:
Gem Diamond Technical Services

Angela Parr
Tel: +27 11 560 9600

Pelham PR

Candice Sgroi
Tel: +44 207 743 6376