Month

February 2012

Issuance of Mozambique ruby licences

Further to the announcement made on 8 June 2011, Gemfields plc (AIM: GEM) is delighted to announce completion of its acquisition of a controlling interest in a ruby deposit based in the Montepuez district of the Cabo Delgado province in Mozambique (the “Project”).

Standard Life Investments Ltd Holdings in Company

Gemfields Plc (“Gemfields” or “the Company”, Ticker “GEM”) received notification on 15 February 2012 from Standard Life Investments Ltd (“Standard Life”) that on 14 February 2012 Standard Life sold 2,750,000 the Company’s ordinary 1p shares.

Standard Life Investments Ltd Holdings in Company

Gemfields Plc (“Gemfields” or “the Company”, Ticker “GEM”) received notification on 10 February 2012 from Standard Life Investments Ltd (“Standard Life”) that on 9 February 2012 Standard Life sold 3,073,839 the Company’s ordinary 1p shares.