DCP.L Regulatory News (DCP)

19 April 2013

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", "the Group" or "the Company")

ISSUE OF EQUITY

DiamondCorp announces that it has issued 1,500,000 new ordinary shares of 3p each in the capital of the Company to a financial advisor in respect of a success fee for introducing Laurelton Diamonds Inc. ("Laurelton"), a wholly owned subsidiary of Tiffany & Co. As previously reported, Laurelton has completed a diamond offtake agreement with the Company's 74% owned subsidiary, Lace Diamond Mine.

The new ordinary shares will rank pari passu with the existing ordinary shares of the Company.

Application has been made to the London Stock Exchange and the Johannesburg Stock Exchange for admission of the 1,500,000 new ordinary shares to trading on AIM and AltX and dealings are expected to occur on Tuesday, 23 April 2013 ("Admission").

Total Voting Rights

Following Admission, the Company's issued share capital will consist of 276,839,478 ordinary shares of 3p each, none of which are held in treasury.

The above figure of 276,839,478 ordinary shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Contact details:

DiamondCorp plc

Paul Loudon, Chief Executive

Tel: +44 20 3151 0970

+27 56 212 2930

UK Broker & Nomad

Panmure Gordon (UK) Limited

Dominic Morley/Adam James

Tel: +44 20 7886 2500

Joint Broker

SP Angel Corporate Finance LLP

Ewan Leggat/Laura Littley

Tel: +44 207 598 5368

JSE Sponsor

PSG Capital (Pty) Limited

John-Paul Dicks

Tel: +27 21 887 9602