Change of Adviser

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.

18 February 2013

AIM: STEL

Stellar Diamonds plc

("Stellar" or the "Company")

CHANGE OF ADVISER

The Board of Stellar Diamonds plc announces that it has appointed Charles Stanley Securities as the Company's Nominated Adviser and Joint Broker with immediate effect.

For further information, please contact:

Stellar Diamonds plc

Karl Smithson, Chief Executive Tel: +44 (0) 20 7010 7686

Charles Stanley Securities

(Nominated Advisor and Joint Broker)

Mark Taylor, Marc Milmo, Carl Holmes Tel: +44 (0) 20 7149 6000

Daniel Stewart & Company plc

(Joint Broker)

Martin Lampshire, Antony Legge Tel: +44 (0) 20 7776 6550

Pelham Bell Pottinger 

James MacFarlane, Joanna Boon Tel: +44 (0) 20 7861 3232