3 March 2017

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

Notification of Full Year 2016 Results

Gem Diamonds Limited (LSE: GEMD) will announce its Full Year Results for the period ending 31 December 2016 on Wednesday, 15 March 2017 at 07:00 GMT 

The Company will be hosting an audio presentation on Wednesday, 15 March 2017 at 09:30 GMT. A live audio webcast of the presentation will be available on the Company's website: www.gemdiamonds.com

For further information:

Gem Diamonds Limited

Juliet Cox, Investor Relations

Tel: +44 (0) 203 043 0280

Celicourt Communications

Joanna Boon / Mark Antelme

Tel: +44 (0) 207 520 9265

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 and 100% of the Ghaghoo mine in Botswana. 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