Update on Strike Action 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") INDUSTRIAL ACTION ENDS DiamondCorp, the Southern African diamond development and exploration company, is pleased to announce that the industrial action by members of the Association of Mineworkers and Construction Union (AMCU) employed at the Lace diamond mine in the Free State province of South Africa has ended. The issue in dispute was management's refusal to employ two additional full-time salaried shop stewards. AMCU is the majority union at the Lace mine and already has five appointed shop stewards in the workforce. AMCU members have voted to resume work at 06h00 on Monday, 8 December 2014, without the appointment of any additional full-time shop stewards. In due course, the Company will provide an update on the impact of the industrial action on the Lace mine development and operational schedule going forwards. Contact details: DiamondCorp plc Paul Loudon, Chief Executive Tel: +27 56 216 1300 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) Sharon Owens Tel: +27 11 809 7500 Date: 05/12/2014 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.