PEREGRINE DIAMONDS LTD.

Peregrine Diamonds Ltd. report that the 2009, Can$9.2 million diamond exploration programme has commenced on the 9,800 square kilometre Chidliak property on Baffin Island, Nunavut, Canada. Since the programme commenced on April 15, activities completed include over 800 line kilometres of ground geophysics, construction of a second exploration camp and mobilization of equipment and supplies to the property. The program will include, among other things, core drilling and extraction of a 50 tonne bulk sample from CH-1 kimberlite.