Video interview with CEO

4 December 2019

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

Video interview with CEO

A new video, entitled "Interview with CEO Clifford Elphick. An overview of 2019", is now available on the Gem Diamonds' website and can be viewed at www.gemdiamonds.com.

The video contains no new material information.

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67

For further information:

Gem Diamonds

Susan Wallace, Company Secretarial department

ir@gemdiamonds.com

Celicourt Communications

Mark Antelme / Jimmy Lea

Tel: + 44 (0) 20 8434 2754

About Gem Diamonds:

Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. www.gemdiamonds.com