Director Declaration

25 February 2020

GEM DIAMONDS LIMITED 

("Gem Diamonds" or the "Company") 

DIRECTOR DECLARATION

In accordance with Listing Rule 9.6.14R, the Company announces that Michael Lynch-Bell, the Senior Independent Director of the Company, is also independent chair of Little Green Pharma Ltd, which was admitted to trading on the Australian Securities Exchange on 20 February 2020.

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

For further information:

Gem Diamonds LimitedSusan Wallace, Company Secretarial department

Tel: +44 (0) 203 043 0280

ir@gemdiamonds.com

Celicourt Communications

Mark Antelme/Jimmy Lea

Tel: +44 (0) 20 8434 2754

ABOUT GEM DIAMONDS:

Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. www.gemdiamonds.com