Grant of Options

5 Mar 2007 13:21

Petra Diamonds Ld05 March 2007 For Release 5 March 2007 Petra Diamonds Limited Directors Dealing Grant of Share Options Petra Diamonds Limited ("Petra" or "the Company") announces that the Company'sRemuneration Committee resolved on 2 March 2007 to grant the following shareoptions over ordinary Petra shares: Adonis Pouroulis Chairman 300,000Johan Dippenaar Chief Executive Officer 300,000Jim Davidson Technical Director 300,000David Abery Finance Director 300,000 The exercise price for the above options is the closing mid-market price ofPetra's shares on 2 March 2007, the date of grant, being 156 pence per share.The options will be subject to the satisfaction of appropriate performanceconditions. Ends For further information, please contact: Cathy Malins / Annabel Leather Telephone: +44 (0) 20 7851 7480Parkgreen Communications, London This information is provided by RNS The company news service from the London Stock Exchange