Director Shareholding

20 Dec 2005 09:00

Tanzanite One Limited20 December 2005 Tanzanite One Limited Director's Holding in Company Tanzanite One Limited ("TanzaniteOne" or "the Company") TanzaniteOne was notified on 17 December 2005 that Jade Pacific ResourcesLimited ("Jade") had sold 500,000 Common Shares of TanzaniteOne, which it heldon behalf of Mr. Michael A. P. Adams the Company's Non-Executive Chairman.250,000 of the Common Shares sold were sold on 15 December 2005 at 141 pence perCommon Share and 250,000 of the Common Shares sold were sold on 16 December 2005at 141 pence per Common Share. Mr. Adams beneficial shareholding in the Company before and after the above saleis: Previous Common shares Resultant % of Issuedshareholding sold shareholding Class------------ ------------- ------------ ----------- 9,572,230 500,000 9,072,230 12.69% Jade's total shareholding in the Company before and after the above sale is: Previous Common shares Resultant % of Issuedshareholding sold shareholding Class------------ ------------- ------------ -----------13,949,642 500,000 13,449,642 18.81% The registered holder of Jade's TanzaniteOne Common Shares remains WillbroNominees Limited. For further information, please contact: Tanzanite One Limited In United KingdomWilli Boehm, Company Secretary Conduit PRTel: +61 89 367 5211 Leesa Peters +44 20 7618 8760 In South Africa:Tanzanite One (SA) LimitedMark Summers, Chief Financial OfficerTanzanite One S.A. Ltd.Tel: +27 11 214 1000 Or visit: www.tanzaniteone.com This information is provided by RNS The company news service from the London Stock Exchange