DIAMONDCORP PLC - Exercise of bonds

Exercise of bonds

DiamondCorp plc

AIM share code: DCP & JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)

("DiamondCorp" or "the Company")

ADDITIONAL LISTING

DiamondCorp, the Southern African diamond mining, development and exploration company,
announces that applications have been made for 2,642,839 new ordinary shares of 0.1 pence
each in the capital of the Company (“New Ordinary Shares”) to be admitted to trading on the
AIM Market of the London Stock Exchange plc ("AIM") and the Alternative Exchange of the JSE
Limited ("AltX") (“Admission”) following the conversion of certain of the 14% senior secured
convertible bonds (“Bonds”) by a bondholder.

It is expected that Admission will become effective on 30 December 2015. The New Ordinary
Shares will, following allotment, rank pari passu in all respects with the existing issued ordinary
shares in the share capital of DiamondCorp.

Following Admission, the Company's issued share capital will be 411,076,580 ordinary shares.
The Company does not hold any ordinary shares in treasury. Therefore the total number of
voting rights in the Company will be 411,076,580. This figure does not include the 34,329,667
Second Tranche Shares, as defined in the announcements of 2 and 3 December 2015, that
are due to be admitted to trading on 8 January 2016 following approval at a General Meeting
of shareholders.

Shareholders may use this figure as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their interest in, the share
capital of the Company under the FSA's Disclosure and Transparency Rules.

Johannesburg
22 December 2015

Contact details:

DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 828 246 897
Euan Worthington, Chairman
Tel: +44 7753 862 097

UK Broker & Nomad
Panmure Gordon (UK) Limited
Dominic Morley/Adam James
Tel: +44 20 7886 2500

JSE Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)
Megan Young
Tel: +27 11 445 8068

SA Corporate Advisor
Qinisele Resources Proprietary Limited
Dennis Tucker/Andrew Brady
Tel: +27 11 883 6358

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