Petra Diamonds Regulatory News (PDL)

21 Feb 2006 14:29

Petra Diamonds Ld21 February 2006 21 February 2006 Petra Diamonds Limited ("the Company") Additional Listing Application has been made for 101,563 new ordinary shares of 10p each in theCompany to be admitted to trading on the AIM Market of London Stock Exchange plcand the Australian Stock Exchange ("ASX"). The shares are being issuedfollowing the resolution of an issue concerning the timing of the receipt by theCompany from one loan note holder of a conversion notice in respect of A$117,000of the Company's former ASX-listed convertible loan notes. As a result of this conversion, and further to the Company's announcement of 2December 2005, the total sum paid in December 2005 by the Company to loan noteinvestors is reduced by A$117,000 to A$1,578,197. Following this issue of new ordinary shares, the Company has 148,428,951ordinary shares in issue and confirms that there are no further convertible loannotes in issue and no outstanding liability with regards to the loan notes. The new ordinary shares will rank pari passu with existing ordinary shares anddealings are expected to commence in the new ordinary shares at 8.00 a.m. on 27February 2006. For further information, please contact: Parkgreen CommunicationsJustine Howarth / Cathy MalinsTel: +44 20 7493 3713 Petra Diamonds, PerthJohn BaillieTel +61 8 9381 8888 This information is provided by RNS The company news service from the London Stock Exchange