October 6, 2016

Board Change

6 October 2016

AIM: STEL

Stellar Diamonds plc

(“Stellar” or the “Company”)

Board Change

Stellar Diamonds plc, the London listed diamond development company focused on West Africa (AIM: STEL) announces the resignation of non-executive director Luis da Silva with immediate effect. Luis will be stepping down to focus on his role as chief executive of GB Minerals Ltd. (TSX-V: GBL) as it debt finances and advances the Farim phosphate project in Guinea Bissau into development and production.

Stellar Chairman, Lord Daresbury commented:

“Luis’ knowledge and experience of exploration in West Africa has been invaluable to Stellar and as a founding director he has been a great support to the Company since its inception as it has advanced to the stage of mine development on the Tongo project in Sierra Leone. I would like to thank him for all he has done for Stellar and wish him well for the future.”

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

About Stellar Diamonds plc

Stellar is an AIM quoted (AIM: STEL) West African focused diamond company with projects at the trial mining and mine development stages in Guinea and Sierra Leone.

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For further information contact the following or visit the Company’s website at www.stellar-diamonds.com.

Karl Smithson, CEO

Philip Knowles, CFO

Stellar Diamonds plc

Stellar Diamonds plc

Tel: +44 (0) 20 7010 7686

Tel: +44 (0) 20 7010 7686

Jon Belliss Beaufort Securities Limited (Broker) Tel: +44 (0) 20 7382 8300
Emma Earl

Sandy Jamieson

Cairn Financial Advisers (Nominated Adviser) Tel: +44 (0) 20 7148 7900
Lottie Brocklehurst St Brides Partners Ltd Tel: +44 (0) 20 7236 1177