Change of Adviser

DiamondCorp plcJSE share code: DMCAIM share code: DCPISIN: GB00B183ZC46(Incorporated in England and Wales)(Registration number 05400982)(SA company registration number 2007/031444/10)('DiamondCorp' or 'the Company')

Appointment of Nominated Adviser

4 March 2011

DiamondCorp is pleased to announce that Fairfax I.S. PLC ("Fairfax") has been appointed Nominated Adviser to the Company with immediate effect. Fairfax will continue to act as joint broker alongside Ocean Equities Ltd.

AIM Nomad: Fairfax I.S. PLC

AIM Brokers: Fairfax I.S. PLC, Ocean Equities LtdJSE Sponsor: PSG Capital (Pty) LimitedDiamondCorp plc, Paul Loudon +44 20 7256 2651Ewan Leggat, Fairfax I.S. PLC +44 207 598 5368Guy Wilkes, Ocean Equities Limited +44 207 786 4370John-Paul Dicks, PSG Capital (Pty) Limited +27 21 887 9602Charmane Russell/Marion Brower, Russell & Associates +27 11 880 3924