Gemfields Resources Plc

Block Admission Return

30 November 2006

Name of scheme:                         Employee Share Option Scheme           
                                                                               
Period of return:                       8 May 2006 - 11 November 2006          
                                                                               
Balance under scheme from previous      8,918,334                              
return:                                                                        
                                                                               
The amount by which the block scheme    380,000                                
has been increased, if the scheme has                                          
been increased since the date of the                                           
last return:                                                                   
                                                                               
Number of securities issued/allotted    408,334                                
under scheme during period:                                                    
                                                                               
Number of securities under the scheme   600,000                                
which expired during the period:                                               
                                                                               
Balance under scheme not yet issued/    8,290,000                              
allotted at end of period:                                                     
                                                                               
Number and class of securities          94,637,398 ordinary shares of 1p on 25 
originally listed and the date of       November 2005                          
admission:                                                                     
                                                                               
Total number of securities in issue at  95,045,733                             
the end of the period:                                                         

For more information:

Peter Kitchen, CEO peter.kitchen@gemfields.co.uk

Richard James, CFO richard.james@gemfields.co.uk

Gemfields Resources Plc Tel: +44 (0)20 7016 9416

Laurence Read/ Leesa Peters Tel: +44 (0) 207 429 6605

Conduit PR Mob: +44 (0) 7974 982 512

                                                                               


END



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