Petra Diamonds is an international diamond mining group with a balanced portfolio combining major producing mines, world class exploration assets and a cutting and polishing business.

With operations in South Africa, Angola, Botswana and Sierra Leone, Petra’s objective is to continue to grow production, developing its stature as a leading diamond producer in all of the countries in which it operates. 
In South Africa, Petra has five producing mines: Cullinan, Koffiefontein, Star, Sedibeng and Helam. The Group also recently reached agreement to acquire a further asset from De Beers, Kimberley Underground, which is temporarily under care and maintenance.  Petra is on track to increase its annual production from 180,000 carats in the year to June 2007 to around I million carats in the year to June 2009.

Complementing the Group’s production is an exploration and development portfolio spread across some of the world’s most prospective diamond fields. In Angola, Petra is developing the world class Alto Cuilo and neighbouring Luangue projects. In Botswana, Petra has established the largest diamond exploration landholding in the country, where it believes that modern exploration techniques will hold the key to the discovery of new, major kimberlites. In Sierra Leone, Petra is developing a fissure operation with its JV partner Stellar Diamonds and test work to date indicates the potential for economic operations.

The Petra group now employs some 4,000 people and over the last 10 years the Company has developed a range of social initiatives which continue to make a meaningful impact upon the lives of employees and surrounding communities.  Petra’s focus remains upon sustainable development, via educational programmes and skills transfer, to ensure a broad based approach with a lasting legacy, and all operations are carried out with the highest regard for the environment according to best practice.

Petra will only commit to working in countries which are members of the Kimberley Process and shareholders can remain assured that Petra’s diamonds will only ever be 100% conflict free.

For further information please visit www.kimberleyprocess.com or www.diamondfacts.org