Result of AGM

15 December 2014 Karelian Diamond Resources Plc ("Karelian" or the "Company") Result of Annual General Meeting Karelian announces that at the Annual General Meeting of the Company heldearlier today, all resolutions were duly passed. Further Information: Professor Richard Conroy, Chairman, Karelian Tel: +353-1-661-8958Diamond Resources plc Virginia Bull / Simon Clements, Sanlam Securities Tel: +44-20-7628-2200UK Limited (Nomad) Ger Heffernan, IBI Corporate Finance Limited (ESM Tel: +353-7662-34800Adviser) Jon Belliss/Abigail Wayne, Hume Securities PLC Tel: +44-20-3693-1493(Broker) Michael Padley, Lothbury Financial Services Tel: +44-20-3440-7620Limited Don Hall, Hall Communications Tel: +353-1-660-9377

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