TIDMKDR 
 
Karelian Diamond Resources plc 
 
                    ("Karelian Diamonds" or "the Company") 
 
                                                                   2 March 2018 
 
                             STATEMENT RE: BROKER 
 
The Company notes the announcement today regarding Beaufort Securities Limited 
("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed 
into insolvency and that the Financial Conduct Authority (the "FCA") has 
imposed requirements on BSL and BACSL to cease all regulatory activity. 
 
BSL is the broker to the Company pursuant to the AIM Rules for Companies (the 
"AIM Rules").  As a result of the requirements imposed by the FCA, BSL will no 
longer be able to provide broking services to the Company in accordance with 
the AIM Rules. 
 
The Company is seeking to appoint a new broker as soon as possible and a 
further announcement will be made when this appointment is made. 
 
Further Information: 
 
Professor Richard Conroy, Chairman, Karelian Diamond           Tel: +353-1-479-6180 
Resources plc 
 
Virginia Bull / James Thomas / Nick Harriss, Allenby           Tel: 
Capital Limited (Nomad)                              +44-20-3328-5656 
 
Michael Padley, Lothbury Financial Services Limited            Tel: 
                                                     +44-20-3290-0707 
 
Don Hall, Hall Communications                                  Tel: +353-1-660-9377 
 
www.kareliandiamondresources.com 
 
 
 
END

(END) Dow Jones Newswires

March 02, 2018 05:54 ET (10:54 GMT)

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