1st Quarter Results

"Following the release of our 2013 financial year results, Diamond Bank is pleased to announce a further confirmation of our capability in sustaining profit growth in 2014.

Our balance sheet continued to grow on the back of efficient and sustainable growth in our retail business, while we continued to maintain cautious growth in our loan portfolio. Our strategic partnerships and innovative product mix has helped us maintain our growth trajectory in our chosen markets. These achievements have resulted to improved profitability in Q1 2014, with PBT rising 6% year on year despite the impact of Cash Reserve Requirement (CRR) charge on our earnings.

We are encouraged by these results and we will sustain the commitment to continue delivering healthy shareholder returns in 2014 and beyond."

Dr. Alex Otti

Group Managing Director/CEO

Key Ratios & Per Share Data

• Capital Adequacy Ratio of 17.4% (17.3% Dec 2013)

• Loan to deposit ratio at 60.5% (59.6% Dec 2013)

• Liquidity ratio of 37.3% (41.8% Dec 2013)

• Cost of risk 2.7% (3.5% Dec 2013)

• Coverage Ratio of 103.9% (116.1% Dec 2013)

• Net Interest Margin of 7.4% (8.1% Dec 2013)

• Cost to income ratio of 62.0% (60.3% Dec 2013)

• NPL ratio of 4.4% (3.5 % Dec 2013)

• ROAE of 23.6% (23.0% Dec 2013)

• EPS of 58(k)

For the detailed Profit and Loss account, Balance Sheet, Cashflow statement and notes to accounts, please visit our website - http://www.diamondbank.com

About Diamond Bank plc

Diamond Bank Plc began as a private limited liability company on March 21, 1991 (the company was incorporated on December 20, 1990). Ten years later, in February 2001, it became a universal bank. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank's equity base, Diamond Bank became a public limited company. In May 2005, the Bank was listed on The Nigerian Stock Exchange.

Today, Diamond Bank is one of the leading banks in Nigeria - respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market. Diamond Bank has over the years leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships.

We have retained excellent banking relationships with a number of well-known international banks, allowing us to provide a bouquet of world class banking services to suit the business needs of our clients. These international banking partners include Diamond bank UK, Bank of Beirut; Banque Libano-Francaise, BHF Bank, BNP Fortis, BNP Paribas, Byblos Bank, Citibank, Commerzbank, Credit Suisse, Deutsche Bank, FBN (UK) Limited, HSBC Bank, ING Bank, KBC Bank, Mashreq Bank, Nordea Bank, SMBC Ltd, Standard Bank, Standard Chartered, Svenska Handelsbanken, UBS Zurich.

More information can be found at www.diamondbank.com

http://www.rns-pdf.londonstockexchange.com/rns/5505E_-2014-4-10.pdf

Group Statement of Comprehensive Income

Group Statement of Financial Position

Conference Call for Results

Diamond Bank Plc (Bloomberg: DIAMONDB NL / Reuters DIAMONB.LG) will be hosting a teleconference call for analysts and investors on Monday 14th April 2014 at 4pm Lagos ( 4pm Lagos( 11am New York / 5pm Johannesburg & Cape Town) with its senior management to discuss Diamond Bank Plc's financial results for the year ended 31st December 2013 and the period ended March 31st 2014. There will be an opportunity at the end of the call for management to take questions from investors and analysts.

The teleconference call facility can be accessed by dialing:

in the UK +44 203 139 4830

in the US +1 718 873 9077

in South Africa +21 672 4008

And then entering the following access code:

31734782#

Participants should register for the call at least five minutes before the start of the presentation.

The presentation will be posted to Diamond Bank's website on the morning of April 16th 2014 at www.diamondbank.com.

For those who are unable to listen to the live call, a replay facility will be available by dialing:

 +44 20 3426 2807 (UK)

and  +1 866 535 8030 (US)

and entering access code:

647560#

Address:

PGD's Place,

Plot 4, Block 5, BIS Way,

Oniru, Lekki, Off Lekki-Epe Expressway,

Lagos, Nigeria

Investor Relations Contacts

Diamond Bank Plc

 Abdulrahman Yinusa [email protected]

Chief Financial Officer +234 (1) 448 9842

Chiugo Ndubisi  [email protected]

Head, Financial Management +234 (1) 448 9832

Africa Practice

(Financial PR and Investor Relations Consultants)

Oberhi Majoroh [email protected] 

+234 805 193 7592

Nick Chambers [email protected]

+44 781 080 8047