November 2012

Notice of Annual General Meeting

Gemfields plc (“Gemfields” or the “Company”) (AIM: GEM) announces it will be holding the Company’s Annual General Meeting on 20 December 2012 at 11:00 am (UK time) at the offices of Reed Smith LLP, The Broadgate Tower, 20 Primrose Street, London, EC2A 2RS. The Notice of Meeting was posted to shareholders today, a copy of which is set out in full in the appendix to this announcement.

Proposed Acquisition of Fabergé

Gemfields plc (AIM: GEM), the leading gemstone mining and marketing company, announces its proposed acquisition (the “Proposed Acquisition”) of a 100% interest in Fabergé Limited (“Fabergé”) with a view to creating a globally recognised coloured gemstone champion. Fabergé will provide Gemfields with direct control over a high-end luxury goods platform and a global brand with an exceptional heritage.

Market Update – Quarter to 30 September 2012

Gemfields plc (AIM: GEM) presents an operational update for the three month period ending 30 September 2012. All figures are approximate, unaudited and, unless otherwise stated, the phrase “carats” includes both emerald and beryl.