28 February 2007

AIM RELEASE

KIMBERLEY DIAMOND COMPANY NL (AIM: KDC)
NOTICE OF INITIAL SUBSTANTIAL HOLDER

JPMorgan Chase & Co and its affiliates have today served on the Company a
notice of initial substantial holder. Its percentage holding in the Company is
5.44% with 22,089,277 shares.

Jean Mathie
COMPANY SECRETARY

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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