Gemfields plc

Block Listing Six Monthly Return

29 July 2016

Name of scheme:

Employee Share Option Scheme

Period of return:

27 January 2016 - 26 July 2016

Balanceunder scheme from previous return:

35,808,125ordinary shares of 1p each

The amount by which the block scheme has been increased, if the scheme has been increased since the date of the last return:

Nil

Number of securities issued / allotted under scheme during period:

166,667 ordinary shares of 1p each

Number of securities under the scheme which expired during the period:

Nil

Balance under scheme not yet issued / allotted at end of period:

35,641,458 ordinary shares of 1p each

Number and class of securities originally listed and the date of admission:

309,152,740 ordinary shares of 1p on 6 June 2008

Total number of securities in issue at the end of the period:

544,237,288 ordinary shares of 1p each

ENQUIRIES:

Gemfields

jj.williams@gemfields.co.uk

JJ Williams, Company Secretary

+44 (0)20 7659 4965

Grant Thornton UK LLP

Nominated Adviser

Philip Secrett/Richard Tonthat/Jamie Barklem

+44 (0)20 7383 5100

J.P. Morgan Cazenove

Joint Broker

Jamie Riddell

+44 (0)20 7742 4000

BMO Capital Markets Limited

Joint Broker

Jeff Couch/Neil Haycock/Tom Rider/Jenny Wyllie

+44 (0)20 7236 1010

Macquarie Capital (Europe) Limited

Joint Broker

Raj Khatri/Ken Fleming/Nick Stamp/Fergus Marcroft

+44 (0)20 3037 2000

Tavistock

Jos Simson/Emily Fenton

+44 (0)20 7920 3150

Notes to Editors:

Gemfields plc is the world's leading supplier of responsibly sourced coloured gemstones and is quoted on the AIM division of the London Stock Exchange (ticker: GEM) where it is a constituent of the AIM50 index.

Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition Gemfields also holds a 50% interest in the Kariba amethyst mine in Zambia, as well as controlling interests in various other gemstone mining and prospecting licenses in Zambia, Mozambique, Colombia, Ethiopia, Madagascar and Sri Lanka.

Gemfields' outright ownership of Fabergé an iconic and prestigious brand of exceptional heritage enables Gemfields to optimise positioning, perception and consumer awareness of coloured gemstones, advancing the wider group's 'mine and market' vision.

Gemfields has developed a proprietary grading system and a pioneering auction and trading platform to provide a consistent supply of quality coloured gemstones to the global downstream markets. This is a key component of the Company's business model which the Directors believe has played an important role in the appropriate distribution and associated resurgence of the global coloured gemstone sector.

www.gemfields.co.uk

Gemfields plc published this content on 29 July 2016 and is solely responsible for the information contained herein.
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