Director/PDMR Shareholding

24 Jul 2008 07:00

Gemfields Resources Plc

Purchase of Shares by Director

24 July 2008

Gemfields Resources Plc ("Gemfields" or "the Company", Ticker "GEM") received notification on 23 July 2008, that on the same day, Mr Sean Gilbertson, Chief Executive Officer of the Company, purchased a total of 100,000 of the Company's ordinary 1p shares at a price of ‚£0.334 each. This will represent the first purchase of shares by Mr Gilbertson. His total holding after the purchase is approximately 0.03% of the total issued shares of Gemfields Resources.

For more information:

Richard James, CFO richard.james@gemfields.co.uk

Gemfields Resources Plc Tel: +44 (0)20 7016 9416

Mike Jones/Tarica Mpinga +44 (0)20 7050 6500

Canaccord Adams Limited

Charlie Geller/Ed Portman +44 (0)20 7429 6666/ +44 (0) 7528 233 383

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