Notice of AGM and Posting of Annual Accounts

23 May 2014 Paragon Diamonds Limited (AIM: PRG) Posting of Annual Report and Accounts Paragon Diamonds Limited (the "Company") announces that copies of its AnnualReport and Accounts for the year ended 31 December 2013, together with a Noticeof Annual General Meeting and Form of Proxy, have been posted to shareholdersand are available on the Company's website: www.paragondiamonds.com For further information: Paragon Diamonds Limited +44 (0) 20 7099 1940Martin Doyle - ChairmanSimon Retter - Finance Director Sanlam Securities UK (Nominated Adviser & Broker) +44 (0) 20 7628 2200Lindsay MairCatherine Miles