RNS Number:3861I
European Diamonds PLC
06 March 2003

                             European Diamonds PLC
                                ("the Company")

                      Completion of #1.5 million financing

At the Extraordinary General Meeting of the Company held today all resolutions
put to shareholders were duly passed.

Completion of the #1.5 million financing, announced on 11 February 2003, is now
conditional only on admission of 1,430,000 ordinary shares of 5p each in the
capital of the Company ("Ordinary Shares") to trading on AIM. Application has
been made for the 1,430,000 Ordinary Shares to be admitted to trading and it is
expected that admission will become effective tomorrow, 7 March 2003.



6 March 2003


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