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Tuesday 08 December, 2009

Gemfields PLC

Holding(s) in Company


Gemfields Plc

Holdings in Company

8 December 2009

Gemfields Plc ("Gemfields" or "the Company", Ticker "GEM") received
notification on 7 December 2009 from Goldrock International Corp. ("Goldrock")
that on 4 December Goldrock acquired 24,529,957 of the Company's ordinary 1p
shares. Following this transaction, Goldrock has an interest through direct
ownership in a total of 24,529,957 shares which represents 7.57% of the
ordinary shares of 1p in the Company.

Enquiries:

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

Gemfields Plc

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

Canaccord Adams Ltd

Nominated Adviser and Joint Broker to Gemfields

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