Company Information for Kopane Diamond Developments

AIM-KDD

www.kopanediamonds.com

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AIM; KDD

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Company Statement

MINING COMPANY WITH SUBSTANTIAL PRODUCTION AND DEVELOPMENT ASSETS IN LESOTHO

The Liqhobong Satellite plant is now producing at a rate approaching 180,000 carats per annum. A Definitive Feasibility Study “DFS” has commenced on the Liqhobong Main Pipe which should confirm a viable project, capable of producing up to one million carats per annum. Kopane is also committed to bringing its exploration assets in Finland to full value.

Kopane is listed on AIM under the symbol: KDD

Current Operations

Lesotho
Liqhobong Project
The Company’s Liqhobong diamond project is located in the Maluti Mountains, 120 km North East of Maseru, the capital of Lesotho.

The Liqhobong Project covers an area of 390 hectare and is situated at an elevation of 2,600 meters, making it the second highest producing diamond mine in the world.

The two most important kimberlites within the licence area are the Satellite and Main Pipes.

Kopane owns through its subsidiary Liqhobong Mining Development Company “LMDC”, a 75% interest in the Liqhobong project. The remaining 25% is owned by the Government of Lesotho “GoL”.

The Company holds a 20 year mining license with the GoL to mine the Satellite and Main Pipes.

The Company is currently mining the Satellite Pipe through a 60tph DMS Plant on site. The plant is now producing at a rate approaching 180,000 carats per annum.

In 2007 the Company completed a Pre-Feasibility Study (“PFS”) on the much larger Main Pipe which demonstrated the economic viability of the Project to PFS confidence limits.

Definitive Feasibility Project
Kopane has now begun the Definitive Feasibility Study (“DFS”) which includes both wide diameter and diamond drilling as well as bulk sampling and this is expected to be completed in Q4 of 2008.

The PFS was audited by ACA Howe International who concluded that it had been carried out to a high standard with conservative design, operating and revenue parameters and that the project is technically and financially robust. ACA Howe also considered that the project has three operating upsides:
• Resource Size (mineralisation extends below current extraction model)
• Grade (the most recent bulk sample of 14,000 tonnes returned a grade of
0.41 cpt)
• Diamond Values (recovery of bonanza stones should increase realizable price
per carat).

Diamond Sales
Kopane has sold approximately 240,000 carats since March 2006 for approx US$ 12.8 million. This includes the 27.7 ct D colour diamond which was sold for
approximately US$ 750,000.

Finland
In January 2008, Kopane formed a joint venture with Mantle Diamonds to operate, finance and develop Kopane’s diamond exploration assets in Finland.

The Company holds 28 mineral exploration claims and reservations in Finland, (29,000 hectares).

Exploration over the past 6 years has consistently demonstrated the potential for diamond discovery and development. Mantle will acquire up to 70% of the Finnish assets for £2m of Mantle shares and a $5m spend on the properties.

Preparations for the extraction of a bulk sample at the Lahtojoki project in central Finland have been completed and processing is expected to begin Mid year after an environmental permit has been issued.

Geographical Spread

Finland

Lesotho

Board of Directors and Key Management

Tim Read

Executive Chairman

Mr. Read previously served as President, Chief Executive Officer and a director of Adastra Minerals Inc, developer of the major Kolwezi Copper/Cobalt Tailings Project in the Democratic Republic of Congo, from 1999 until it was successfully taken over by First Quantum Minerals Ltd. in 2006.

He is currently a consultant working for a number of mining companies and is also Director of Cumerio. Previously he was Managing Director if Investment Banking at Merrill Lynch in London and head of Mining at Smith New Court, London.

Mr. Read has a Bachelor of Arts (Economics) degree from the University of Strathclyde in Glasgow, Scotland and is a fellow of the Securities Institute.

James Cable

Financial Director

Mr Cable is a Chartered Accountant of over 29 years standing and is a Member of the Institute of Directors. He has experience in several industrial sectors, including mining oil & gas, IT and construction and has worked in the UK and internationally in the Far East and Middle East, Africa and Scandinavia.

He has been a director of public and private companies and has substantial multinational company experience. He has many years experience in developing entrepreneurial fast growing companies and is also Finance Director of a London and Toronto listed mineral exploration company.

Stephen Lay

Chief Operating Officer

Mr. Lay graduated from the Camborne School of Mines in 1977 as a mining engineer. He has 30 years of experience from discovery through to production in advisory, technical, management and executive roles. Since leaving the Cornish tin mining industry in 1991 he has been mostly involved in gold and diamond projects in Russia and the FSU, West Africa and South Africa.

He was involved with the discovery of the Grib Diamond Pipe in the Arkhangelsk region of North West Russia - the management and feasibility studies of the Nezhdaninskoye Gold Deposit in Eastern Siberia, and the management of Bolnisi Gold's gold operation in Georgia (FSU).

Stephen Lay is also a Chartered Engineer and a Fellow of the IMMM

Buddy Doyle

Non- Executive Director

Mr Doyle has 22 years experience in the mining and exploration business, predominantly with Rio Tinto Plc. Mr Doyle is the Former Vice President of Kennecott Canada Exploration Inc. and Exploration Manager North American Diamonds. He led the team that discovered and evaluated the Diavik Diamond Mine and was the Project Geologist during the discovery and evaluation phase at the Lihir multi-million ounce gold mine. He left Rio Tinto in March 2004 to further his career in the junior mining sector.

Author and co-author of numerous scientific papers on gold and diamond mineralization, Mr Doyle is now considered one of the worlds leading diamond exploration and mining specialists.

Anthony Williams

Non- Executive Director

Mr. Williams is the founder and Chairman of the Dragon Group, a privately owned group of companies with interests in international mining finance and project management. Prior to founding the Dragon Group in 1995, he spent nine years in investment banking where he co-founded and led the Natural Resource Group at Yorkton Securities. He was integral in establishing this group as the leading exploration and development financers worldwide. He is also Chairman of European Minerals and Arian Silver and a non executive director of African Copper Plc.

Earlier in his career he held senior appointments in the mining industry and specialised in mineral valuation and acquisitions. He qualified as a mining geologist in 1972 from the Royal School of Mines London and is a member of several professional mining industry associations.

Edward Marlow

Non-executive Director

Edward Marlow is Managing Director, of Emerging Markets Principal Investments at HSBC, responsible primarily for Sub-Saharan Africa. Formerly at Insinger de Beaufort, UBS and Citigroup and a British Army Officer.

He holds an MBA from Cranfield University and a post-graduate certificate in Law. Mr. Marlow is also Chairman of Sanatana Diamonds Inc and a non-executive director of ESO Uranium Corp.

Company Address

43 North Audley Street
London, United Kingdom W1K 6WH


Telephone:	+44 (0)20 7529 7502
Facsimile:	+44 (0)20 7491 2244
Email:	enquiries[at]kopanediamonds.com
Website:	http://www.kopanediamonds.com

Additional Address/Key Contact

Registered Office
22 Grosvenor Sq
London, W1K 6LF
Tel: + 44 (0) 20 7529 7502
Fax: + 44 (0) 20 7491 2244

Capital

The Company's capital structure as of June 4th consists of:
Issued share capital; 129,311,283
Warrants outstanding; 46,825,000
Share options outstanding; 10,465,000
Fully diluted; 173,688,783

Annual General Meeting

December

Year End

30th June

Nominated Brokers

Canaccord Adams Limited

Nominated Advisors