Diamonex Limited

DiamonEx Limited (ASX:DON)(LON:DON) Quarterly Activities Report to Dec 31, 2008

In the Company's quarterly report, released on 31 October 2008, DiamonEx Limited (ASX:DON)(LON:DON)(BSE: Diamonex) advised that the initial sale of 10,613 carats of diamonds from its Lerala Diamond Mine in Botswana achieved an average price of US$20 per carat for the whole run of mine parcel. This is much less than the preliminary valuation of the parcel and reflects the current difficult market conditions.

DiamonEx Limited (ASX:DON)(LON:DON)(BSE: Diamonex), the emerging diamond producer in Botswana, announces the execution of a Placement Agreement between the Company and Hartco Nominees Pty Ltd to raise A$2,000,000 by the placement of 20,000,000 shares.

DiamonEx Limited (ASX:DON)(AIM/BSE "DON"), the emerging diamond producer in Botswana, announces that Plant commissioning at its Lerala Diamond Mine Processing Plant ("Plant") is complete, and recovery of diamonds has commenced.

Diamonex Limited (ASX: DON) - Presentation at Sydney Mining Club - Mr Dan O'Neill, MD; Diamonex Limited (ASX: DON) present the following audio webcast regarding "DON - Presentation at Sydney Mining Club - Mr Dan O'Neill, MD". You may also download this audio webcast to your computer or portable audio player.

Diamonex Limited (ASX: DON) - Lerala Diamond Mine Commissioning Update - Mr Dan O'Neill, MD; Diamonex Limited (ASX: DON) present the following audio webcast regarding "DON - Lerala Diamond Mine Commissioning Update - Mr Dan O'Neill, MD". You may also download this audio webcast to your computer or portable audio player.

Attached are slides accompanying a presentation given by Mr Dan O'Neill at the Mines & Money Investor Forum in London on 21 November.