TIDMWAD 
 
RNS Number : 3113X 
West African Diamonds PLC 
12 August 2009 
 

 
 
+-----------------------------------------+ 
| For filings with the FSA include the    | 
| annex                                   | 
| For filings with issuer exclude the     | 
| annex                                   | 
+-----------------------------------------+ 
 
 
+-----------------------------------------------------------------------------+ 
| TR-1: Notifications of Major Interests in Shares                            | 
+-----------------------------------------------------------------------------+ 
 
 
+-----------------------------------------------+------------------------------+ 
| 1. Identity of the issuer or the underlying   | West African Diamonds Plc    | 
| issuer of existing shares to which voting     |                              | 
| rights are attached:                          |                              | 
+-----------------------------------------------+------------------------------+ 
 
 
+-------------------------------------------------------------------+----------+ 
| 2. Reason for notification (yes/no)                                          | 
+------------------------------------------------------------------------------+ 
| An acquisition or disposal of voting rights                       |          | 
+-------------------------------------------------------------------+----------+ 
| An acquisition or disposal of financial instruments which may     |          | 
| result in the acquisition of shares already issued to which       |          | 
| voting rights are attached                                        |          | 
+-------------------------------------------------------------------+----------+ 
| An event changing the breakdown of voting rights                  |          | 
+-------------------------------------------------------------------+----------+ 
| Other (please specify):Increase in share capital following issue  |          | 
| of additional shares                                              |          | 
+-------------------------------------------------------------------+----------+ 
 
 
+----------------------------------------+-------------------------------------+ 
| 3. Full name of person(s) subject to   |  Audley Capital Management Limited  | 
| notification obligation:               |                                     | 
+----------------------------------------+-------------------------------------+ 
| 4. Full name of shareholder(s) (if     | Audley European Opportunities       | 
| different from 3):                     | Master                              | 
|                                        |                      Fund           | 
+----------------------------------------+-------------------------------------+ 
| 5. Date of transaction (and date on    |                                     | 
| which the threshold is crossed or      | 06/08/09                            | 
| reached if different):                 |                                     | 
+----------------------------------------+-------------------------------------+ 
| 6. Date on which issuer notified:      |                                     | 
|                                        | 12/08/09                            | 
+----------------------------------------+-------------------------------------+ 
| 7. Threshold(s) that is/are crossed or |                                     | 
| reached:                               | 9%                                  | 
+----------------------------------------+-------------------------------------+ 
 
 
 
 
+---------------+------------+------------+------------+----------+------------+----------+----------+ 
| 8: Notified Details                                                                                | 
+----------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                | 
|                                                                                                    | 
+----------------------------------------------------------------------------------------------------+ 
| Class/type    | Situation previous      | Resulting situation after the triggering transaction     | 
| of shares     | to the triggering       |                                                          | 
| If            | transaction             |                                                          | 
| possible      |                         |                                                          | 
| use ISIN      |                         |                                                          | 
| code          |                         |                                                          | 
+               +-------------------------+----------------------------------------------------------+ 
|               | Number     | Number     | Number     | Number of voting      | Percentage of       | 
|               | of         | of         | of         | rights                | voting rights       | 
|               | shares     | voting     | shares     |                       |                     | 
|               |            | rights     |            |                       |                     | 
+               +            +            +            +-----------------------+---------------------+ 
|               |            |            |            | Direct   | Indirect   | Direct   | Indirect | 
+---------------+------------+------------+------------+----------+------------+----------+----------+ 
|  GB00B1CQN147 | 8,700,000  | 8,700,000  | 8,200,000  |          | 8,200,000  |          | 9.1%     | 
+---------------+------------+------------+------------+----------+------------+----------+----------+ 
 
 
 
 
 
 
+---------------+---------------+---------------+----------------------+---------------+ 
| B: Financial Instruments                                                             | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                 | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Type of       | Expiration    | Exercise/     | No. of voting        | Percentage of | 
| financial     | date          | conversion    | rights that          | voting rights | 
| instrument    |               | period/date   | may be               |               | 
|               |               |               | acquired (if         |               | 
|               |               |               | the                  |               | 
|               |               |               | instrument           |               | 
|               |               |               | exercised/converted) |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
|               |               |               |                      |               | 
| N/A           | N/A           | N/A           | N/A                  | N/A           | 
|               |               |               |                      |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
 
 
 
 
+--------------------------------------+--------------------------------------+ 
| Total (A+B)                                                                 | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
| Number of voting rights              | Percentage of voting rights          | 
+--------------------------------------+--------------------------------------+ 
|  8,200,000                           | 9.1%                                 | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and /or | 
| the financial instruments are effectively held, if applicable:              | 
+-----------------------------------------------------------------------------+ 
|  N/A                                                                        | 
+-----------------------------------------------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| Proxy Voting:                                                               | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
| 10. Name of proxy holder:            |  N/A                                 | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 11. Number of voting rights proxy    | N/A                                  | 
| holder will cease to hold:           |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 12. Date on which proxy holder will  | N/A                                  | 
| cease to hold voting rights:         |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| 13. Additional information:          |  N/A                                 | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 14 Contact name:                     |  Simon Thornton                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 15. Contact telephone number:        |  01481 737600  (tel #.)              | 
|                                      |  01481 710348  (Fax #)               | 
+--------------------------------------+--------------------------------------+ 
 
 
For notes on how to complete form TR-1 please see the FSA website. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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