NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Diamondex Resources Ltd. (TSX VENTURE:DSP) (the "Company") wishes to announce
that it has completed a non-brokered private placement of 7,000,000 common
shares at $0.07 per share for gross proceeds of $490,000. The placement with two
arms' length purchasers has no finders' fee payable.


All securities issued in connection with this financing will be subject to a
hold period trading restriction expiring on April 2, 2009.


The gross proceeds from the private placement will be used for working capital.

DIAMONDEX RESOURCES LTD.

Randy C. Turner, President

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