LERALA DIAMOND MINE COMMISSIONING UPDATE

Highlights from the announcement include:
Last phase plant commissioning nearing completion
Diamond concentrate build up in the Plant, with diamond   recovery to commence
First diamond sale scheduled in August
Now ramping to full production and Name Plate handover

DiamonEx Limited (AIM:DON), the emerging diamond  producer in Botswana, announces that following on from its commissioning update in May  2008, the last  phase of commissioning  at its  Lerala Diamond Mine  Processing  Plant  (‘Plant’) will  complete  this  week leading  to  the  commencement   of  diamond  recovery.  Last   phase commissioning, referred to as ‘hot commissioning’ involves
1.The processing of ore through the entire Plant – complete;
2.The batch feeding of ore into the Plant – currently being undertaken;
3.The continuous feed of ore into the Plant and with that the recovery of diamonds – once batch feeding completed.

Managing Director of DiamonEx, Dan O’Neill said, ‘The commissioning process has gone well with no major issues emerging.  It has overrun by around three weeks due to some technical issues in Plant operation but on the whole the Plant has tested well.   The Lerala Mine  team under the leadership of Mark Coetzee, our General Manager at  Lerala, and our Project Manager, Promet  Engineering from Cape Town, must  be congratulated on  their effort  in  building and  commissioning  this state of  the art  Plant.  We  are all  very proud  of what  we  have achieved and  created, and  look  forward to  the next  challenge  of optimising diamond recovery and generating cash flow.