NOMAD - change of name

19th Oct 2009 07:00

19 October 2009 Karelian Diamond Resources plc ("Karelian Diamond Resources" or "the Company") NOMAD Change of Name

The Company announces that its nominated adviser and broker, John East & Partners Limited has changed its name to Merchant John East Securities Limited with immediate effect, as part of a group reorganisation which is scheduled to complete on 1 November 2009.

Further Information:

Professor Richard Conroy, Chairman Karelian Diamond Tel: +Resources plc 353-1-661-8958 Charles Dampney, City Capital Corporation Limited Tel: + 44-20-3178-3399 Simon Clements/Jeffrey Coburn/Virginia Bull, Merchant John Tel: +East Securities Limited 44-20-7628-2200 Ron Marshman/Michael Padley, Lothbury Financial Tel: + 44-20-7011-9411 Don Hall, Hall Communications Tel: + 353-1-660-9377

http://www.kareliandiamondresources.com

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