January 2013

Update: Acquisition of Faberge

Further to the Company’s announcement of 7 January 2013, Gemfields plc (AIM: GEM) is pleased to announce that all the conditions for the merger of Fabergé Limited with Runway SPV, a wholly owned subsidiary of Gemfields (the “Merger”) have been satisfied and that the Merger is expected to take effect on 28 January 2013.