Petra Diamonds Regulatory News (PDL)

31 May 2007 14:52

Petra Diamonds Ld31 May 2007 For Release 31 May 2007 Petra Diamonds Limited Exercise of Share Options and Directors Dealings Petra Diamonds Limited ("Petra" or the "Company") announces that on 30 May 2007the following director exercised options over ordinary shares of £0.10 each inthe Company ("Ordinary Shares") as detailed below: Director Number Exercise price Total quantity of options held following exercise Adonis Pouroulis 250,000 £0.44 1,300,000 In addition the Company was also informed on 30 May 2007 that the followingdirectors sold Ordinary Shares on 30 May 2007 at a price of £1.55 per share asdetailed below: Director Position held with the Number Total holding of Percentage of Company of Ordinary Shares enlarged issued shares sold following sales share capital Adonis Pouroulis Chairman 650,000 7,535,000 4.16 David Abery Finance Director 250,000 50,000 0.03 On 30 May 2007 other employees exercised options over 10,000 Ordinary Shares atan exercise price of 65.75 pence per share. Following the issue of these new Ordinary Shares, the Company will have181,433,191 Ordinary Shares in issue. Application has today been made for the new Ordinary Shares to be admitted totrading on AIM, which is expected to occur by 6 June 2007. Ends For further information, please contact: Cathy Malins / Annabel Leather Telephone: +44 (0) 20 7851 7480Parkgreen Communications, London This information is provided by RNS The company news service from the London Stock Exchange