RNS Number : 9547G
  Tanzanite One Limited
  29 October 2008
   


    29th October 2008 

    TanzaniteOne Response to Gemfields' Open Letter 
    to the Board of Directors of TanzaniteOne


    In response to the announcement by Gemfields Resources (AIM:GEM) ("Gemfields") on 29th October 2008, the Board of TanzaniteOne Limited
(AIM:TNZ) ("TanzaniteOne" or "the Company") confirms it has been advised that the issuance of B shares announced on 25th October 2008 does
not contravene the Exchange Control Regulations of South Africa.




    For more information, please visit www.tanzaniteone.com or contact:

 Willi Boehm, Company Secretary                Alex Buck, Public Relations
 +61 8 9367 5211                               +44 (0)7932 740 452

 Nick Bias, Investor Relations                 Laurence Read, Public Relations
 +44 (0)7887 920 530                           +44 (0)7979 955923


 Nominated Advisor and Joint Broker            Joint Broker
 Evolution Securities                          Ambrian Partners
 Simon Edwards or Neil Elliot                  Richard Chase
 +44 (0)20 7071 4300                           +44 (0)20 7634 4700

 Financial Adviser
 Lazard & Co
 Spiro Youakim or Chris Seherr-Thoss
 +44 (0)20 7187 2000




This information is provided by RNS
The company news service from the London Stock Exchange
 
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