Gem Diamonds LimitedLSE: GEMD

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Gem Diamonds Limited 16 February 2007 Gem Diamonds Limited Prospectus regarding offer of 31,285,000 Ordinary Shares at a price of 950p per Ordinary Share, Admission to the Official List and to trading on the London Stock Exchange A copy of the above document has been submitted to the UK Listing Authority and is available for inspection at the UK Listing Authority's Documents Viewing Facility, which is situated at: Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Telephone - 020 7066 1000 16 February 2007 For further information, please contact: Graham Wheelock Tel: +44 7799 831912 Angela Parr Tel: +27 83 578 3885 This information is provided by RNS The company news service from the London Stock Exchange

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