Result of AGM

6 Dec 2010 17:16

6 December 2010 Karelian Diamond Resources Plc (the "Company") Result of AGM

The Company announces that at the annual general meeting, held earlier today, all resolutions were duly passed.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Tel: +353-1-661-8958 Resources plc

Simon Clements/Virginia Bull, Merchant Securities Limited Tel: (Nomad) +44-20-7628-2200 John Tuite, IBI Corporate Finance Limited (ESM Adviser) Tel: +353-1-637-7800

John Grant/ Karen Kelly/ David Lawman, XCAP Securities PLC Tel: +44-20-7101 (Broker)

7070 Michael Padley/Michael Spriggs, Lothbury Financial Tel: Services +44-20-7868-2010 Don Hall, Hall Communications Tel: +353-1-660-9377

http://www.kareliandiamondresources.com