ASX/AIM RELEASE 16 February 2007

                        ELLENDALE DIAMONDS DIRECT SALE                         
                      (A$13.7 million since January 2007)                      

Kimberley Diamond Company NL (ASX: KIM; AIM: KDC) is pleased to advise it has
completed the third sale of its diamonds for 2007 for A$4.7 million. Taking
advantage of a buoyant market and with good demand for the Company's Ellendale
diamonds, this brings the total sales achieved to date in 2007 to A$13.7
million.

This was a direct sale organised through Kimberley's sales subsidiary,
Kimberley Diamonds Australia BVBA and achieved the full asking and valuation
prices. Direct sales are conducted to a select customer base between tenders.

                                   - ENDS -                                    
Released by:                                                      On behalf of:
Nicholas Read                                          Miles Kennedy - Chairman
Jan Hope & Partners                                Kimberley Diamond Company NL
Telephone: (+61-8) 9388 1474                             Telephone: (+61-8) 9321 5887

KIMBERLEY DIAMOND COMPANY NL ABN 91 061 899 634
12 WALKER AVENUE WEST PERTH 6005 WESTERN AUSTRALIA PO BOX 806 WEST PERTH
WESTERN AUSTRALIA 6872
TEL (+61-8) 9321 5887 FAX (+61-8) 9321 5884 EMAIL general@kimres.com.au WWW
www.kimberleydiamondco.com.au



END
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