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KDR Karelian Diamond Resources News Story

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

4 April 2023

Karelian Diamond Resources plc

(“Karelian Diamonds” or the “Company”)

Holdings in Company

Karelian Diamonds (AIM: KDR) announces that it was informed on 3 April 2023
that, as at 28 March 2023, Morgan Stanley had a total interest in 3,300,296
ordinary shares of €0.00025 each in the Company (“Ordinary Shares”)
equivalent to 3.91 per cent. of the current issued share capital and voting
rights of the Company, held on behalf of its subsidiary, Morgan Stanley & Co.
International plc.

In addition, on 4 April 2023 the Company was informed that Steve Coomber’s
shareholding in the Company is 7,613,116 Ordinary Shares equivalent to 9.01
per cent. 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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