25 July 2007

AIM RELEASE
KIMBERLEY DIAMOND COMPANY NL (the Company) (AIM: KDC)

The Company hereby advises that it has received a notice of initial substantial
holder from MM&E Capital Pty Limited, which acquired, between 20 and 24 July
2007, 35,091,583 ordinary fully paid shares for a total cash consideration of
A$22,661,752.61 representing 8.2 percent of the Company's issued capital.

J Mathie
COMPANY SECRETARY

The Company's Nominated Advisor is RFC Corporate Finance Ltd, contact Steve
Allen or Stuart Laing - phone +618 9480 2500.

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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