September 2015

Kagem Emerald Mine JORC Resource & Reserves Update

Gemfields plc (AIM: GEM), the world’s single largest coloured gemstones mining and marketing company, is pleased to announce the publication of a Competent Persons Report (“CPR”) produced by SRK Consulting (UK) Limited (“SRK”) on the Kagem Emerald Mine (“Kagem” or the “Mine”) in Zambia, which is 75% owned by Gemfields and 25% by the Government of Zambia. The CPR includes Mineral Resource and Ore Reserve estimates and accompanying statements prepared in accordance with JORC Code (2012) based on an extended life of mine (“LoM”) plan prepared by Gemfields and SRK.

Competent Persons Report On The Kagem Emerald Mine, Zambia

SRK Consulting (UK) Limited (SRK) is an associate company of the international group holding company, SRK Global Limited (the SRK Group). SRK has been commissioned by the board of Gemfields Resources Plc (hereinafter also referred to as the “Company” or “Gemfields”) to prepare a Competent Persons’ Report (CPR) on the on the Kagem Emerald Mine (the Mine) in Zambia. Kagem Mining Ltd (Kagem) is the project operator and is 75% owned by Gemfields.