Director Dealing

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

3 July 2014

AIM: STEL

Stellar Diamonds plc

("Stellar" or the "Company")

Director Dealing

Stellar, the London listed (AIM:STEL) diamond development company focused on West Africa, was informed on 2 July 2014, that Karl Smithson, Chief Executive of the Company, acquired 246,087 ordinary shares of 1p each in the Company ("Ordinary Shares") on 2 July 2014 at a price of 1.21p per Ordinary Share.

As a result of this transaction, Karl Smithson's holding has increased to 7,267,371 Ordinary Shares which represents approximately 1.04% of the Company's issued share capital.

About Stellar Diamonds plc:

Stellar is an AIM quoted (AIM: STEL) West African focused diamond development company which is advancing its diamondiferous Baoulé kimberlite in Guinea towards trial mining, as well as progressing the 1.1 million carat Tongo Dyke-1 resource in Sierra Leone through a definitive feasibility study. In addition, Stellar holds the 3 million carat Droujba project in Guinea and continues to pursue both diplomatic and legal channels to ensure the proper reinstatement of its Kono licences in Sierra Leone.

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For further information contact the following or visit the Company's website at www.stellar-diamonds.com.