DIAMOND FIELDS INTERNATIONAL LTD.

Diamond Fields reported that exploration activities during the quarter ended March 31, 2009 focused on the gold properties in Liberia and the Valozoro nickel prospect in Madagascar. Exploration work on the zinc copper prospect in Zambia has been temporarily suspended pending the outcome a licence renewal application. Diamond mining from the Namibian marine concessions was suspended on December 12, 2008. During the third quarter there were no sales of diamond while 60 carats were produced by a joint shallow water operation with Letu Diamonds. Total stock held as at March 31, 2009 amounted to 3,923.49 carats.