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Thursday 18 June, 2009

Gemfields Resources PLC

Holding(s) in Company


Gemfields Plc

Holdings in Company

18 June 2009

Gemfields Plc ("Gemfields" or "the Company", Ticker "GEM") received
notification on 17 June 2009 that, following acquisitions on 16 June 2009,
Deutsche Bank AG and its subsidiary companies have a notifiable interest,
through both direct ownership and contracts for difference, in a total of
11,044,453 of the Company's ordinary 1p shares, amounting to approximately
3.41% of the Company's issued share capital.

Enquiries:

Richard James, CFO Tel: +44 (0)20 7518 3402

Gemfields Plc

Mike Jones/Tarica Mpinga Tel: +44 (0)20 7050 6500

Canaccord Adams Ltd

Nominated Adviser and Joint Broker to Gemfields



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