RNS Number:7360K
Dwyka Diamonds Limited
07 May 2003



                   Dwyka Diamonds Limited ("Dwyka Diamonds")

                                Issue of Equity



Dwyka Diamonds announces the issue of 800,000 ordinary shares on 2 May 2003 as
part of the consideration for the acquisition of all the issued shares in
Kohinoor Mining International Limited. The issue of shares was approved by
shareholders in a General Meeting held on 6 January 2003.

Application has been made for the new ordinary shares, which rank pari passu
with existing ordinary shares, to be admitted to trading on the Alternative
Investment Market of the London Stock Exchange. It is expected that admission
will become effective and dealings will commence on 9 May 2003.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
IOESSLFFMSDSELI