Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Firestone Diamonds plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation:

Audley Capital Management Limited

Kings Chapel International Limited

4. Full name of shareholder(s) (if different from 3.):

Audley European Opportunities Master Fund Limited

Kings Chapel International Limited

Audley Natural Resources Master Fund Limited

Marc Rich & Co Holding GMBH

5. Date of the transaction and date on which the threshold is crossed or reached:

 07/10/2011

6. Date on which issuer notified:

 07/10/2011

7. Threshold(s) that is/are crossed or reached:

 10%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

 GB0003915336

32,395,000

 32,395,000

36,562,584

36,562,584

9.8%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

 N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

 N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 32,562,584

9.8%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

Audley Capital Management Limited is a subsidiary undertaking of Kings Chapel International Limited and therefore the shares held by Audley Capital Management Limited are also deemed to be held by Kings Chapel International Limited as it relates to the reportable interest.

Proxy Voting:

10. Name of the proxy holder:

 N/A

11. Number of voting rights proxy holder will cease to hold:

 N/A

12. Date on which proxy holder will cease to hold voting rights:

 N/A

13. Additional information:

 N/A

14. Contact name:

Simon Thornton

15. Contact telephone number:

Tel: 01481 737 600

Fax: 01481 710 348