:: Recovery of a 232 Carat White Diamond at Cullinan

Petra Diamonds Limited announces the recovery of an exceptional 232.08 carat white diamond at the Cullinan mine in South Africa.

The stone is a D colour Type II diamond of exceptional size and clarity, and is a magnificent example of the large, high quality diamonds for which the mine is known.

The Company will update the market when finalised on the expected timing for the sale of this stone, which is expected to be in the second quarter of this financial year.

Photos of the stone can be viewed on the Company's website at www.petradiamonds.com and www.petradiamonds.com/media/image-library/diamonds.