News and Announcements

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 21 December 2010 at 10:00 am (UK time) at the Company’s offices: 8th Floor, 54 Jermyn Street, London, SW1Y 6LX, UK. The Notice of Meeting was posted to shareholders on 29 November 2010 (attached herewith).