Holding(s) in Company

13 Jul 2011 07:00

Gemfields Plc

Holdings in Company

7:00am, Wednesday 13 July 2011

Gemfields Plc ("Gemfields" or "the Company", Ticker "GEM") received notification on 11 July 2011 from BlackRock Inc ("BlackRock") that on 7 July 2011 Blackrock purchased an additional interest in the Company's ordinary 1p shares.

Following this transaction BlackRock has a notifiable interest in 16,416,858 of the Company's ordinary 1p shares, amounting to approximately 5.06% of the Company's issued share capital.

Enquiries:

Gemfields dev.shetty@gemfields.co.uk

Dev Shetty, CFO +44 (0)20 7518 3402

Canaccord Genuity Limited

Nominated Adviser and Joint Broker to Gemfields

Tarica Mpinga/Andrew Chubb +44 (0)20 7050 6500

Neil Passmore +44 (0)20 7155 8630

JP Morgan Cazenove

Jos Simson/Paul Youens +44 (0)20 7920 3150

Tavistock Communications