Change of Name of Joint Broker

3 November 2010

Stellar Diamonds plc

(the "Company")

Change of Name of Joint Broker

The Company announces that Astaire Securities Plc, the Company's Joint Broker, has changed its name to Northland Capital Partners Limited following its recent acquisition by Sandfire Capital Inc.

For further information please contact:

Stellar Diamonds plc

Karl Smithson, Chief Executive Tel: +44 (0) 7783 707971

Angus Ogilvie, Finance Director Tel: +44 (0) 7885 201 903

RBC Capital Markets

Martin Eales / Daniel Conti Tel: +44 (0) 20 7653 4000

Northland Capital Partners Limited

Charles Vaughan Tel: +44 (0) 20 7492 4763

Pelham Bell Pottinger

Charles Vivian / James MacFarlane Tel: +44 (0) 20 7861 3232