Director Declaration

APPROVAL OF THE APPOINTMENT OF MR. DAMIAN DOLLAND AS A NON-EXECUTIVE DIRECTOR OF DIAMOND BANK PLC

We wish to inform you that the Board of Directors of Diamond Bank Plc at its meeting held on October 24, 2015, approved the appointment of Mr. Damian Dolland as a Non-Executive Director. His appointment has been approved by the Central Bank of Nigeria and same would be up for ratification by the shareholders at the next Annual General Meeting of the Company.

Mr. Dolland's profile is as follows:

Mr. Dolland is a Managing Partner in Fidelis Advisory Partners, Johannesburg, South Africa, where he was responsible for client management, business development, transaction execution and management of day to day operations and staff. He previously held a position as Managing Director, Head of Investment Banking: Sub-Saharan Africa, J.P. Morgan between 2010 and 2012. His career spans over 19 years in the Investment banking sector.

Damian Dolland is also the founder and Director of Darisami International Consultancy based in Port Louis, Mauritius where he is involved in Financial Advisory and investments focused on Sub-Saharan Africa and the Caribbean, specialising in Mergers and Acquisition, Debt and Equity financing and Real Estate.

He holds a B.Sc (Hons) in Biomedical and Electrical Engineering with Distinction- Cum Laude; he has a Minor in Chemistry from Duke University, Durham, North Carolina.

Mr. Dolland will function in a non-executive capacity and his appointment is subject to shareholders' ratification at the Annual General Meeting.

Signed

Investor Relations