Petra Diamonds Ltd - Appointment of Non-Executive Director PR Newswire "Group") Appointment of Non-Executive Director The Company is pleased to announce the prospective appointment of Mr. Matthew Glowasky to the Board as a Non-Executive Director nominee appointed by Monarch Master Funding 2 (Luxembourg) S.à r.l., a holder of Notes that is participating in the Debt for Equity Conversion ( "Monarch"). Mr. Glowasky will also be a member of the 'Investment Committee' of the Board, which shall be established with effect from the Restructuring Effective Date to monitor significant capital and other investments. Mr. Glowasky's prospective appointment to the Board is subject to the successful implementation of the Consensual Restructuring and a further announcement confirming the date on which he will formally assume office will be made in due course.