Karelian Diamond Resources plc

(“Karelian Diamonds” or “the Company”)

31 December 2020

Holding in Company

Karelian Diamond Resources plc (AIM: KDR) announces that it was informed on 30 December 2020 that Kevin Taylor now holds 5,360,000 ordinary shares of €0.00025 (“Ordinary Shares”) in the Company, equal to approximately 10.01% of the current issued share capital and voting rights of the Company.    

For further information please contact:

Karelian Diamond Resources plcTel: +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 ServicesTel: +44-20-3290-0707
Michael Padley
Hall CommunicationsTel: +353-1-660-9377
Don Hall

Visit the website at:www.kareliandiamondresources.com