January 14, 2009

Dia Bras Provides Clarification

MONTREAL, QUEBEC--(Marketwire - Jan. 14, 2009- Dia Bras Exploration Inc. (TSX VENTURE:DIB), the Company is issuing the following clarification with respect to its previous press release issued on January 12th regarding the construction of a mill at the Bolivar Mine, in the State of Chihuahua, Mexico. The technical content of this previous press release was approved by Dr. Thomas L. Robyn, Chairman for Dia Bras, a Qualified Person as defined in NI43-101.

In late 2007, Dia Bras completed a preliminary economic assessment study, with the objective of building a mill on site at the Bolivar Mine. The report, dated November 9th, 2007, and prepared by Yann Camus, P.Eng. Geo., of SGS Geostat International, independent Qualified Person under NI 43-101 standards was filed on SEDAR.

This preliminary economic analysis has not been updated. The costs and projections disclosed in the January 12th press release were prepared internally by management. There is no certainty the proposed operations will be economically viable.

About Dia Bras

Dia Bras is a Canadian exploration mining company focused on precious and base metals in the State of Chihuahua, in northern Mexico. The Company is committed to developing and adding value to its assets - the Bolivar copper-zinc project and the Cusi silver mining camp. The Company trades on the TSX Venture Exchange under the symbol "DIB".

Forward-looking statements:

Except for statements of historical fact all statements in this news release without limitation regarding new projects acquisitions future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

Statements about resources: Readers are cautioned that Inferred resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, as part of a preliminary assessment, and for the economic part of this preliminary assessment, inferred resources can be included. Some mining dilution has been added. Mineral resources that are not mineral reserves have not demonstrated economic viability.

Statements about the Preliminary Economic Assessment: Due to the preliminary nature of the report, there is no certainty that the preliminary assessment will be realized.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Dia Bras Exploration
Daniel Tellechea
President & CEO
514-393-8875

or

Dia Bras Exploration
Nathalie Dion
Investor Relations
514-393-8875
www.diabras.com