11 April 2023

Karelian Diamond Resources plc

(“Karelian Diamonds” or the “Company”)

Holdings in Company

Karelian Diamonds (AIM: KDR) announces that it was informed on 10 April 2023 that, as at 5 April 2023, Morgan Stanley no longer has a notifiable interest in the ordinary shares of €0.00025 each in the Company (“Ordinary Shares”). The interest of Morgan Stanley in the Ordinary Shares is held on behalf of its subsidiary, Morgan Stanley & Co. International plc.

For further information please contact:

Karelian Diamond Resources plc Tel: +353-1-479-6180
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad) Tel: +44-20-3328-5656
Nick Athanas/Nick Harriss
First Equity Limited (Broker) Tel: +44-20-7330-1883
Jason Robertson
Lothbury Financial Services Tel: +44-20-3290-0707
Michael Padley
Hall Communications Tel: +353-1-660-9377
Don Hall

Visit the Company website at: www.kareliandiamondresources.com

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