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Total Voting Rights

31st Dec 2010 07:00

31 December 2010 Karelian Diamond Resources Plc (the "Company") Total Voting Rights The Company announces that, pursuant to the requirements of the Disclosure andTransparency Rules, the total number of voting rights in respect of each classof share in issue and admitted to trading on AIM at the date of thisannouncement is as follows: Number of shares Numbers of voting in issue rights Ordinary shares of €0.01 each 72,208,342 72,208,342

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Tel: +353-1-661-8958 Resources plc

Simon Clements/Virginia Bull, Merchant Securities Limited Tel: +44-20-7628-2200 (Nomad)

John Grant/ Karen Kelly/ David Lawman, XCAP Securities Tel: +44-20-7101 7070 PLC (Broker)

John Tuite, IBI Corporate Finance Limited (ESM Adviser) Tel: +353-1-637-7800

Michael Padley/Michael Spriggs, Lothbury Financial Tel: +44-20-7868-2010 Services

Don Hall, Hall Communications Tel: +353-1-660-9377

http://www.kareliandiamondresources.com

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Karelian
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