10 July 2008
Karelian Diamond Resources plc
("Karelian" or the "Company")
Director's shareholding - correction
Further to clarification from Mr FitzPatrick's broker, the Company confirms
that on 8 July 2008 Seamus FitzPatrick, Non-Executive Director, purchased
10,000 ordinary shares in the issued share capital of the Company (the
"Ordinary Shares"), equivalent to 0.02 per cent. of the issued voting share
capital of the Company, at a price of 6.5 pence per share. He also purchased a
further 30,000 Ordinary Shares at a price of 7.5 pence per share, equivalent to
0.05 per cent. of the issued voting share capital of the Company.
In addition, on 9 July 2008 Seamus FitzPatrick purchased an additional 10,000
Ordinary Shares at a price of 7.5 pence per share, equivalent to 0.02 per cent.
of the issued voting share capital of the Company.
Following the purchases, Mr FitzPatrick now holds a total of 50,666 Ordinary
Shares, equivalent to 0.08 per cent. of the issued voting share capital of the
Company.
This announcement clarifies the announcement made yesterday regarding the
acquisition of Ordinary Shares by Mr FitzPatrick.
Further enquiries:
Karelian Diamond Resources plc 00 353 1 661 8958
Professor Richard Conroy
John East & Partners Limited 020 7628 2200
Jeffrey Coburn / Virginia Bull
City Capital Corporation Limited 020 7842 5867
Charles Dampney
Lothbury Financial 020 7011 9411
Ron Marshman / John Greenhalgh