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Exercise of Unlisted Options

12th Apr 2005 08:35

Gravity Diamonds Limited12 April 2005 RELEASED ON BEHALF OF: GRAVITY DIAMONDS LIMITED ASX & AIM (GRN) APRIL 12, 2005 EXERCISE OF UNLISTED OPTIONS Gravity Diamonds Limited advises that 50,000 unlisted options (ASX code GRNAIexpiring 1 September 2006) were today exercised for fully paid ordinary sharesat an exercise price of 5.57 cents per option. Following issue of the shares on 15 April 2005, the number and class ofsecurities on issue will be: 119,149,992 ordinary shares 1,591,305 options @ 5.57 cents expiring 01.09.066,000,000 options @ 40 cents expiring 30.09.142,350,000 options @ 35 cents expiring 30.11.091,000,000 options @ 45 cents expiring 08.04.081,200,000 options @ 45 cents expiring 08.04.08 Further Info: David Sasson, Manager, Investor Relations, Gravity Diamonds Ltd.Tel: 00-613-9909-7655 http://www.gravitydiamonds.com.au/ This information is provided by RNS The company news service from the London Stock Exchange

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