DMND (MM)

Diamond Foods, Inc. (Nasdaq:DMND) announced today that its Stockton operation received the Green Sustainable Business Award and Certification for leadership in recycling, energy, air and water conservation and recognizing its commitment to environmental stewardship as well as reducing the cost of doing business in Stockton and San Joaquin County.

"We are honored to be recognized by the Greater Stockton Chamber of Commerce for our efforts in environmental stewardship," said Steve Zaffarano, Senior Vice President, Supply Chain and General Manager of Walnut Operations for Diamond Foods. "Diamond Foods customers, consumers and growers recognize our unique and on-going commitment to the environment, which we believe helps and encourages others to do their part," said Zaffarano.

Joseph Santos, Production Manager, David Baffoni, Senior Director, Manufacturing and Fred Jacobus, Vice President of Operations accepted the award on behalf of Diamond Foods earlier this month.

About Diamond

Diamond Foods is an innovative packaged food company focused on building and energizing brands including Kettle Brand® Chips, Emerald® snack nuts, Pop Secret® popcorn, and Diamond of California® nuts. Diamond's products are distributed in a wide range of stores where snacks and culinary nuts are sold. For more information visit our corporate web site: http://www.diamondfoods.com.

CONTACT: Investors:
         Linda Segre
         SVP, Corporate Strategy
         Diamond Foods
         (415)230-7952
         lsegre@diamondfoods.com
         
         Media:
         Stephen Sibert
         VP, Corporate Affairs
         Diamond Foods
         (415)445-7444
         ssibert@diamondfoods.com