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Lucara Recovers More Exceptional Gem Quality Diamonds at Karowe Mine

Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce that two more exceptional white stones have now been recovered through the XRT diamond recovery units. The two white diamonds, an 813 carat stone and a 374 carat stone, have today been added to the roster of incredible diamonds recovered from the prolific south lobe of Lucara’s Karowe mine in Botswana.

The weights of the stones are subject to change as these stones have not yet been cleaned. Once cleaned, photos will be published on the Lucara website (www.lucaradiamond.com).

William Lamb, President and CEO, commented, "I am truly at a loss for words. This has been an amazing week for Lucara with the recovery of the second largest and also the sixth largest gem quality diamonds ever mined. We are truly blessed by this amazing asset.”

A conference call will be held on Thursday, November 19th, at 10:00am ET, 4:00pm Sweden.

Please call in 10 minutes before the conference call starts and stay on the line (an operator will be available to assist you).

Dial-In Numbers:
Toll-Free North America: +1-866-393-4306
North America: +1-734-385-2616
Sweden: +46 (0) 8 5661-9361

A replay of the telephone conference call will be available until November 26, 2015.

Replay number (Toll Free North America): +1-855-859-2056
Replay number (International): +1-404-537-3406

The pass code for the replay is: 85037014

On Behalf of the Board,

William Lamb President and CEO

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