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Holding(s) in Company

12 Mar 2009 07:00

Gemfields Resources PlcHoldings in Company12 March 2009

Gemfields Resources Plc ("Gemfields" or "the Company", Ticker "GEM") received notification on 10 March 2009 from Rox Limited ("Rox") that on 9 March Rox purchased 1,100,000 of the Company's ordinary 1p shares at a price of 2.75p each. Following this transaction, Rox limited has a notifiable interest in 208,103,596 of the Company's ordinary 1p shares, amounting to approximately 64.2% of the Company's issued share capital.

Enquiries:Richard James, CFO Tel: +44 (0)20 7016 9416Gemfields Resources PlcMike Jones/Tarica Mpinga Tel: +44 (0)20 7050 6500Canaccord Adams LtdNominated Adviser and Joint Broker to Gemfields

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Charlie Geller/Ed Portman Tel: +44 (0)20 7429 6666

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