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KDR Karelian Diamond Resources News Story

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REG-Karelian Diamond Res.: Holding(s) in Company

24 March 2023

Karelian Diamond Resources plc

(“Karelian Diamonds” or the “Company”)

Holding in Company

Karelian Diamonds (AIM: KDR) announces that it was informed on 23 March 2023
that Steve Coomber’s shareholding in the Company is 6,760,391 ordinary
shares of €0.00025 each (“Ordinary Shares”), equivalent to approximately
8.00% of the current issued share capital and voting rights of the Company.

For further information please contact:

 Karelian Diamond Resources plc                                  Tel: +353-1-479-6180   
 Professor Richard Conroy, Chairman                                                     
 Allenby Capital Limited (Nomad)                                 Tel: +44-20-3328-5656  
 Nick Athanas/Nick Harriss                                                              
 First Equity Limited (Broker)                                   Tel: +44-20-7330-1883  
 Jason Robertson                                                                        
 Lothbury Financial Services                                     Tel: +44-20-3290-0707  
 Michael Padley                                                                         
 Hall Communications                                             Tel: +353-1-660-9377   
 Don Hall                                                                               
 Visit the Company website at: www.kareliandiamondresources.com                         



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