Kimberlitic Indicator Minerals Recovered at Havukkasuo

13 November 2014 KIMBERLITIC INDICATOR MINERALS RECOVERED AT HAVUKKASUO * High Concentrations Of Kimberlitic Indicator Minerals At Havukkasuo * Two Samples Each Reported Over 100 Kimberlitic Indicator Minerals * Results Imply A Previously Unknown Extension of the Havukkasuo Kimberlite Body _____________________________________________________________________________ Karelian Diamond Resources plc ("Karelian") (AIM: KDR, ESM: KDRI), the diamondexploration company focused on Finland, is pleased to announce the recovery ofhigh concentrations, for the Karelian Craton, of Kimberlitic Indicator Mineralsin basal till samples collected from its Havukkasuo claim area in the Kuhmoregion of Finland. Two of the basal till samples each returned over 100 Kimberlitic IndicatorMinerals. One of these samples was collected over the known kimberlite body atHavukkasuo. The other was collected approximately 150 metres away from theknown kimberlite body and potentially indicates a previously unknown extensionof the Havukkasuo kimberlite body. Two further basal till samples collected inthe area also returned positive results. Laboratory results from the samples collected included 143 Purple to Redperidotitic garnets (G9/10 Cr-pyrope) and 39 Orange mantle garnets, between0.25 and 0.5mm in size, plus a further 7 Purple to Red peridotitic garnets (G9/10 Cr-pyrope) and 2 Orange mantle garnets, between 0.5 and 1.0mm in size, aswell as numerous Chromite grains. G9/10 garnets are considered noteworthy as they are formed at the sametemperatures and pressures as diamonds. Orange mantle garnets can includeeclogitic pyrope-almandine garnets (G3) and if eclogite mantle materials arepresent it is significant, as this tends to be associated with richer diamondgrades. The garnets will be tested to establish whether eclogite mantlematerials are present. The Havukkasuo claim area is located Northwest of Seitaperä where the Companyhas outlined the largest diamondiferous kimberlite pipe yet discovered inFinland. This release has been approved by Kevin McNulty PGeo, who is a member of theCompany's technical staff, who holds a BSc/MSc in Geology and Remote Sensing,in accordance with the guidance note for Mining, Oil & Gas Companies issued bythe London Stock Exchange in respect of AIM Companies, which outlines standardsof disclosure for mineral projects. Professor Richard Conroy, Chairman commented: "I am delighted with thecontinuing successful progress in our diamondexploration in the Kuhmo region of Finland. The results from Havukkasuo couldindicate a very interesting prospect that has not previously been tested. " Further Information: Professor Richard Conroy, Chairman, Karelian Tel: +353-1-661-8958Diamond Resources plc Virginia Bull / Simon Clements, Sanlam Securities Tel: +44-20-7628-2200UK Limited (Nomad) Ger Heffernan, IBI Corporate Finance Limited (ESM Tel: +353-7662-34800Adviser) Jon Belliss/Abigail Wayne, Hume Securities PLC Tel: +44-20-3693-1493(Broker) Michael Padley, Lothbury Financial Services Tel: +44-20-3440-7620Limited Don Hall, Hall Communications Tel: +353-1-660-9377

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