KARELIAN DIAMOND RESOURCES PLC - Statement re Press Comment

PR Newswire

                                                                   7 April 2015                         Karelian Diamond Resources plc                         ("Karelian" or "the Company")                          Statement re: Press ArticleKarelian Diamond Resources plc (AIM: KDR; ESM: KDR.I) notes the recent presscomment and confirms that it has withdrawn its application for a ClaimReservation in the far North of Finland. The decision is a commercial andtechnical decision to concentrate diamond exploration efforts on CentralFinland and in particular in the Kuhmo region where the Company has recently discovereda kimberlite body. The Company confirms that it has not commenced explorationin the area.Further Information:Professor Richard Conroy, Chairman/Karelian Diamond        Tel: +353-1-661-8958Resources plcVirginia Bull/Simon Clements/Sanlam Securities UK Limited  Tel: +44-20-7628-2200(Nomad)Elliot Hance/Beaufort Securities Limited(Broker)           Tel: +44-20-7382-8416Ger Heffernan/IBI Corporate Finance Limited (ESM Adviser)  Tel: +353-766-234-800Michael Padley/Lothbury Financial Services                 Tel: +44-20-3440-7620Don Hall/Hall Communications                               Tel: +353-1-660-9377

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