Vancouver, B.C., July 13, 2007. The Directors of Brazilian Diamonds Limited ("Brazilian Diamonds" or the "Company") BDY: TSX/AIM are pleased to announce that Mr. Homero Braz Silva has been appointed to the position of President of the Company with effect from 16 July 2007.

Mr. Silva is a highly respected geologist with more than 30 years of domestic and international experience in Diamond exploration with De Beers in South America, Canada, Africa and Russia was until recently the Operations Manager for De Beers in South America.

During his time with De Beers, Mr. Silva has been involved in all aspects of Diamond exploration and production, including the discovery of kimberlite provinces in North, Centre West and Northeast Brazil and Bolivia, Venezuela and Gabon.

As a consequence of his roles with De Beers, Mr. Silva has extensive experience in corporate and project management, governmental relations and environmental licensing which well qualify Mr. Silva to assume responsibility for the overall management of the Company's operations and exploration activities in Brazil.

The Chairman of Brazilian Diamonds, Mr Kenneth Judge said today "We are delighted to have Homero Silva accept this important appointment and look forward to his considerable practical experience and strong technical background assisting our team of professionals to advance our exploration efforts in Brazil. Homero has been known to us for many years and already has an intimate knowledge of our portfolio as he was involved in the discovery of a number of our most important projects. We expect Homero's skill and experience to be a tremendous boost to the team of talented professionals we have already working with us in Brazil."

Homero Silva commented "I am very pleased to have been asked to lead the team of talented professionals working with Brazilian Diamonds, many of whom were colleagues of mine at De Beers. I think Brazilian Diamonds has assembled a quality portfolio of advanced projects including the Canastra 1 and Salvador 1 kimberlite projects, both of which I know well from my time at De Beers. I look forward to helping the Company progress these and a number of other promising projects within the portfolio."

As a part of the terms of his engagement, Mr. Silva, who is not joining the board of the Company at this time, has been awarded options over 2,000,000 shares in the Company at an exercise price of Can$0.25 which will vest over the next two years. In addition, 2,325,000 options have been allotted to certain members of the Board and management of the Company in accordance with the terms of the Company's shareholder approved Option Plan. These options are exercisable on or before 12 July 2012 at a price of Can$0.25 per share. The options granted to Board members are set out below:

Director                         Number of new options granted
David Cowan                                            150,000
Francis Johnstone                                      150,000
Roger Morton                                           150,000
Mike Byron                                             300,000