Petra Diamonds Regulatory News (PDL)

Petra Diamonds Limited

("Petra" or the "Company")

Dividend Payment Information

Petra Diamonds Limited announces information regarding its FY 2015 dividend payment of US$ 3.0 cents per share, as well as results of the Dividend Reinvestment Plan ("DRIP") and the Sterling dividend currency election, whereby the dividend is paid in Sterling rather than US Dollars ("Currency Election").

The DRIP was taken up by shareholders holding 2,301,034 shares (0.44% of shares in issue). The Currency Election was made by shareholders holding 180,999,414 shares (34.62% of shares in issue).

For shareholders choosing the DRIP or Currency Election, the Sterling dividend was converted from US Dollars on 19 November 2015 at an exchange rate of US$1.5256:GBP1 and will be 1.96644 pence per share.

The dividend payment date is 7 December 2015, subject to approval of the dividend by shareholders at the Company's Annual General Meeting on 30 November 2015, and is payable to shareholders on the register as at 16 October 2015.

For further information on Petra's dividend, please see the Company website: https://www.petradiamonds.com/investors/shareholders/dividends/.

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For further information, please contact:

Petra Diamonds, London Telephone: +44 20 7494 8203

Cathy Malins cathy.malins@petradiamonds.com

Cornelia Grant cornelia.grant@petradiamonds.com

Buchanan Telephone: +44 20 7466 5000

(PR Adviser)

Bobby Morse bobbym@buchanan.uk.com

Anna Michniewicz annam@buchanan.uk.com

RBC Capital Markets Telephone: +44 20 7653 4000

(Joint Broker)

Matthew Coakes matthew.coakes@rbccm.com

Jonathan Hardy jonathan.hardy@rbccm.com

Barclays Telephone: +44 20 7623 2323

(Joint Broker)

Bertie Whitehead bertie.whitehead@barclays.com

Philip Drake philip.e.drake@barclays.com

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in five producing mines: four in South Africa (Finsch, Cullinan, Koffiefontein and Kimberley Underground) and one in Tanzania (Williamson). It also maintains an exploration programme in Botswana.

Petra has a core objective to steadily increase annual production to ca. 5 million carats by FY 2019. The Group has a significant resource base of ca. 300 million carats.

Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a member of the FTSE 250. For more information, visit the Company's website at www.petradiamonds.com.