7 April 2015
Karelian Diamond Resources plc
("Karelian" or "the Company")
Statement re: Press Article
Karelian Diamond Resources plc (AIM: KDR; ESM: KDR.I) notes the recent press
comment and confirms that it has withdrawn its application for a Claim
Reservation in the far North of Finland. The decision is a commercial and
technical decision to concentrate diamond exploration efforts on Central
Finland and in particular in the Kuhmo region where the Company has recently discovered
a kimberlite body. The Company confirms that it has not commenced exploration
in the area.
Further Information:
Professor Richard Conroy, Chairman/Karelian Diamond Tel: +353-1-661-8958
Resources plc
Virginia Bull/Simon Clements/Sanlam Securities UK Limited Tel: +44-20-7628-2200
(Nomad)
Elliot Hance/Beaufort Securities Limited(Broker) Tel: +44-20-7382-8416
Ger Heffernan/IBI Corporate Finance Limited (ESM Adviser) Tel: +353-766-234-800
Michael Padley/Lothbury Financial Services Tel: +44-20-3440-7620
Don Hall/Hall Communications Tel: +353-1-660-9377
Visit the website at: www.kareliandiamondresources.com