Karelian Diamond Resources plc

("Karelian Diamonds" or "the Company")

24 October 2019

Holding in Company

Karelian Diamond Resources plc (AIM: KDR) announces that it was informed on 23 October 2019 that Richard Taberner is now beneficially interested in less than 3 per cent of the issued ordinary shares of €0.00025 and voting rights in 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

Brandon Hill Capital Limited (Broker)

Tel: +44-20-3463-5000

Jonathan Evans

Lothbury Financial Services

Tel: +44-20-3290-0707

Michael Padley

Hall Communications

Tel: +353-1-660-9377

Don Hall

Visit the website at: www.kareliandiamondresources.com

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Karelian Diamond Resources plc published this content on 24 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2019 11:53:13 UTC