Holding(s) in Company

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.

13 November 2012

AIM: STEL

Stellar Diamonds plc

("Stellar" or the "Company")

Holdings in Company

The Company was notified on 9 November 2012 that Richmond Capital LLP ("Richmond") sold 2,945,000 shares in the Company on 26 October 2012. Following this change, Richmond is interested in 13,522,745 shares (4.59% of the Company's issued shares).

For further information please contact the following or visit the Company's website at www.stellar-diamonds.com.

Stellar Diamonds plc

Karl Smithson, Chief Executive Tel: +44 (0) 20 7010 7686

Northland Capital Partners Limited

(Nominated Advisor and Broker)

Gavin Burnell, Edward Hutton Tel: +44 (0) 20 7796 8800

Daniel Stewart & Company plc

(Co-Broker)

Martin Lampshire, Antony Legge Tel: +44 (0) 20 7776 6550

Pelham Bell Pottinger

James MacFarlane, Joanna Boon Tel: +44 (0) 20 7861 3232