Vancouver, B.C., July 30, 2007. Brazilian Diamonds Limited (BDY: TSX/AIM), ("Brazilian Diamonds" or the "Company") is pleased to announce that a total of 120 diamonds have been recovered from seven samples collected from the Company's 100% owned Salvador 1 kimberlite in central Bahia State, Brazil.

The seven samples being reported upon in this announcement weighed a total of 6.58 tonnes and include an initial 580 kg sample collected by the Company in late 2006 shortly after the property was acquired from De Beers. That initial sample yielded nine diamonds with the largest weighing 0.52 carats.

Six additional replicate samples were collected during May 2007 in an attempt to confirm the results obtained from the initial sample. Fifty four diamonds were recovered from the first three replicate samples, as announced on 10 July 2007, and a further fifty seven diamonds have now been recovered from the last three samples.

Brazilian Diamonds is now preparing to begin the collection of six much larger samples of approximately 650 m3 each from different parts of the Salvador 1 kimberlite in order to better assess its Diamond potential. Permitting for these large samples is expected to be completed within 60 days and the plant is currently being mobilized to the site. The results from the first of these test pits are expected in the fourth quarter of 2007.

Highlights from the results of the six replicate samples include 111 diamonds being recovered down to the bottom screen size of 0.250 mm (see Table 1 below) with the four largest diamonds remaining on a 1.0 mm screen. The 111 diamonds recovered from the replicate samples weighed 0.32 carats in total.

Table 1: Diamond results for the six replicate samples by screen size are as follows: