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Grant of Warrants

11th Dec 2006 16:15

Sunrise Diamonds PLC11 December 2006 Sunrise Diamonds plc 11 December 2006 At a Board meeting of Sunrise Diamonds plc held on 7 December 2006 associatedwith the release of the annual results (and at the end of the associated closeperiod), the Board resolved to issue warrants to the following Directors: P.Cheetham :500,000 F.Johnstone:250,000 N.Herbert :250,000 Each warrant is convertible to one new ordinary share at the price of 2.75 penceper share (the closing mid market price on 7 December 2006) at any time within 5years from the date of issue, being 7 December 2006. As a result of this issue of warrants the total number of warrants currentlyheld by each Director is as follows: P. Cheetham : 1,000,000 F. Johnstone : 750,000 N. Herbert : 750,000 Further Information: Patrick Cheetham, Sunrise Diamonds plc. Tel: +44 (0)1625-505947. Mobile: +44 (0)7767-458751 Brett Miller, Ruegg & Co Limited Tel: +44 (0)20 7584 3663 This information is provided by RNS The company news service from the London Stock Exchange

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