Stabilisation Notice

14 Feb 2007 07:07

Gem Diamonds Limited14 February 2007 14 February 2007 The London Stock Exchange10 Paternoster SquareLondon, EC4M 7LS Dear Sirs Gem Diamonds Limited - Offering of 31.285 Ordinary Shares Stabilisation Notice Pursuant to Core Dealing Rule 3060-3061, JPMorgan Cazenove Limited herebynotifies the London Stock Exchange that it and its affiliates may stabilise theoffering of the Ordinary Shares of US$0.01 of Gem Diamonds Limited: 1. Security to be stabilised: Ordinary Shares of US$0.01 of Gem Diamonds Limited; 2. Security Identifier: VGG379591065; 3. Stabilising Manager: JPMorgan Cazenove Limited (a member firm) (Contact - Greg Bennett - 020 7588 2828); 4. Stabilisation period commences: 14 February 2007 at approximately 08:00am London time; 5. Stabilisation period ends: Close of business on 15 March 2007; 6. Offer price: 950 pence per share; and 7. Over-allotment option is equivalent to approximately 13.1% of the offering. Yours faithfully JPMorgan Cazenove Limited. This information is provided by RNS The company news service from the London Stock Exchange