December 2011

Standard Life Investments Ltd Holdings in Company

Gemfields Plc (“Gemfields” or “the Company”, Ticker “GEM”) received notification on 15 December 2011 from Standard Life Investments Ltd (“Standard Life”) that on 14 December 2011 Standard Life sold 1,120,358 the Company’s ordinary 1p shares.

Annual General Meeting Result

Gemfields is pleased to announce that at the Company’s Annual General Meeting held on 20 December 2011 (“AGM”), all resolutions proposed to shareholders were duly passed and approved.