News Release

Lucara Diamond Corp. To Trade On TSX Venture Exchange

July 18, 2008

LUCARA DIAMOND CORP. ("LUC")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 18, 2008
TSX Venture Tier 2 Company

Effective at the opening July 21, 2008, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'metals and minerals - mining' company.

The Company is presently trading on CNQ.

Corporate Jurisdiction: British Columbia

Capitalization: unlimited common shares with no par value of which 58,430,665 common shares are issued and outstanding.
Escrowed Shares: NIL common shares

Transfer Agent: Computershare Investor Services, Inc.
Trading Symbol: LUC
CUSIP Number: 54928Q 10 8

For further information, please refer to the Company's Listing Application dated June 27, 2008.

Company Contact: Sophia Shane
Company Address: 2101, 885 West Georgia Street, Vancouver, BC, V6C 3E8
Company Phone Number: (604) 689-7842
Company Fax Number: (604) 689-4250
Company Email Address: sophias@namdo.com