PGL - Pallinghurst Resources Limited - FabergE announces historic unveiling of

PGL - Pallinghurst Resources Limited - FabergE announces historic unveiling of  
the all-white-diamond "Carnet de Bal" collection                                
PALLINGHURST RESOURCES LIMITED                                                  
(Previously Pallinghurst Resources (Guernsey) Limited)                          
(Incorporated in Guernsey)                                                      
(Guernsey registration Number: 47656)                                           
(South African external company registration number 2009/012636/10)             
Share code on the BSX: PALLRES      ISIN: GG00B27Y8Z93                          
Share code on the JSE: PGL                                                      
("Pallinghurst" or the "Company")                                               
FabergE announces historic unveiling of the all-white-diamond "Carnet de Bal"   
collection                                                                      
The Directors are pleased to inform shareholders of the historic unveiling of   
FabergE`s second high jewellery collection since 1917, the all-white-diamond    
"Carnet de Bal" collection.                                                     
Fusing tradition and modernity, and with pieces priced at up to US$1million, the
"Carnet de Bal" collection draws inspiration from winter themes and works by    
Peter Carl FabergE to deliver contemporary interpretations of styles reminiscent
of the Belle Epoque era.                                                        
The collection commemorates the splendour of bygone Russian winter celebrations 
- the banquets, balls and soirEes that were a pivotal feature of St Petersburg  
society and FabergE`s world at the turn of the 19th century.  A "Carnet de Bal" 
or dance card served to record the names and order of the gentlemen with whom  a
lady had agreed to dance, and also as a memento of the ball.                    
The announcement by FabergE comes just fifteen months after the debut in        
September 2009 of FabergE`s highly acclaimed "Les Fabuleuses" collection of     
multicoloured, intricately set, one-off jewellery creations.                    
For more information on FabergE and the "Carnet de Bal" collection, see         
www.faberge.com.                                                                
The Company`s investment in FabergE                                             
FabergE is one of the most revered names in history and to this day remains     
synonymous with artistry and craftsmanship. In 2007, the Company and certain    
Pallinghurst Co-Investors acquired the global portfolio of trademarks, licences 
and associated rights relating to the FabergE name (which had been owned by     
Unilever since 1989).  At 30 June 2010, the Company held a 48.88% indirect      
interest in FabergE Limited.                                                    
Chief Executive Arne H. Frandsen, commented:                                    
"After last year`s successful re-launch, the magnificent new collection is the  
next step in our strategy to re-establish FabergE as one of the world`s most    
exclusive and valuable luxury brands".                                          
Investor Relations                                                              
Johannes van Niekerk, CapitalVoice                                              
Tel +27(0)82 921 9110                                                           
johannes@capitalvoice.co.za                                                     
Guernsey                                                                        
6 December 2010                                                                 
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 06/12/2010 12:09:03 Supplied by www.sharenet.co.za                     
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