Directorate Change

DiamondCorp plc JSE share code: DMC AIM share code: DCP ISIN: GB00B183ZC46 (Incorporated in England and Wales) (Registration number 05400982) (SA company registration number 2007/031444/10) ('DiamondCorp' or 'the Company')

APPOINTMENT OF DIRECTORS

DiamondCorp is pleased to announce the appointment of Mr George Kennedy Morton (64) and Mr Subhi Benkhadra (46) to the Board of the Company as non-executive directors, effective 21 April 2010.

Mr Morton has more than 40 years experience in the banking and finance sector, including senior positions with Toronto-Dominion Bank, The Bank of Nova Scotia, Gulf International Bank, National Bank of Bahrain and Arab Banking Corporation. He is currently a non-executive director of European Islamic Investment Bank plc.

Mr Benkhadra has more than 20 years experience in investment and funds management, having held senior positions with United Bank of Kuwait, Primecorp Investment Management, Investment Trust and Esterad Investment Company. He is currently the chief executive officer of European Islamic Investment Bank plc.

Additional information required by the AIM Rules:

Current and past directorships of Mr Morton held within the last five years are set out below:

Current Directorships Past Directorships

European Islamic Investment Bank plc Awal Bank BSC

The Arab Financial Forum

The University of Bristol

MEC International Ltd

TriTech Capital Ltd

Current and past directorships of Mr Benkhadra held within the last five years are set out below:

Current Directorships Past Directorships

European Islamic Investment Bank Nil

Palma Capital Limited

Accelerator Technology Holdings Limited

There are no other matters that are required to be announced in relation to these appointments under paragraph (g) of Schedule 2 of the AIM Rules.

London

21 April 2010

Nominated Adviser: Cenkos Securities plc

AIM Brokers: Cenkos Securities plc, Fairfax I.S. plc Investment Bank and Sponsor: Investec Bank Limited DiamondCorp plc, Paul Loudon +44 20 7256 2651 Cenkos Securities plc, Joe Nally/Liz Bowman/Ivonne Cantu +44 20 7397 8900 Fairfax I.S. plc, Ewan Leggat +44 207 598 5368 Investec Bank Limited, Robert Smith +27 11 286 7326 Russell & Associates, Charmane Russell/Matthew Ross +27 11 880 3924 Ana Ribeiro/Tim Blythe, Blythe Weigh Communications +44 20 7138 3204