RNS Number:9680Q
European Diamonds PLC
16 October 2003

                             EUROPEAN DIAMONDS PLC
                            ("EPD" or "the Company")

                              Minegem Offer Update

16 October 2003

The Company announces that its offer for the whole of the issued share capital
of Minegem Inc ("Minegem"), which was made on 29 September 2003, has now been
recommended by the Minegem board.


Tony Williams, Chairman of EPD, commented:


"We are very pleased that the board of Minegem has recommended acceptance of our
offer to the Minegem shareholders.  We believe that the acquisition of Minegem
represents an excellent opportunity for both EPD and Minegem shareholders to
participate in an exciting growth story in the diamond sector".


For further information please contact:


Anthony J Williams - Chairman

or

Alex Chapman - Investor Relations


European Diamonds PLC

22 Grosvenor Square

London, W1K 6LF

Tel: +44 (0) 20 7529 7502

Fax: +44 (0) 20 7491 2244

e-mail: enquiries@europeandiamondsplc.com

website: www.europeandiamondsplc.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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