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Immediate Release

15 December 2009

Petra Diamonds Limited

("Petra Diamonds" or the "Company")

Analyst Presentation

Petra Diamonds, the international diamond mining group, announces that it will be hosting an analyst presentation at 9:00am GMT on Thursday 17th December 2009 at the offices of Buchanan Communications, 45 Moorfields, London EC2Y 9AE. 

The presentation will focus on the recently announced successful US$120 million fundraise and the Company's immediate plans on use of proceeds.

A live webcast of the presentation will be available at: http://mediaserve.buchanan.uk.com/2009/petra171209/registration.asp 

A recording of this will be available on the Company's website hereafter:

www.petradiamonds.com 

For further information, please contact:

Cathy Roberts	Telephone: +44 20 7318 0452
Petra Diamonds, London	cathyr@petradiamonds.com

Bobby Morse / James Strong	Telephone: +44 20 7466 5000
Buchanan Communications	bobbym@buchanan.uk.com jamess@buchanan.uk.com

Ryan Gaffney	Telephone: +44 20 7050 6500
Canaccord Adams	ryan.gaffney@canaccordadams.com

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