Firestone Diamonds plc

Results of General Meeting and Change of Registered Office

LONDON: 2 April 2012

Results of General Meeting

Firestone Diamonds plc ("Firestone" or the "Company"), the AIM-quoted diamond mining and exploration company (ticker: AIM: FDI), announces that at the general meeting of the Company (the "GM") held earlier today, all resolutions were duly passed.

As a result, the Company has (subject to admission to trading on AIM) allotted 172,900,000 ordinary shares (raising gross proceeds of ?14.7 million) pursuant to the conditional placing (the "Placing") announced in the circular to shareholders on 15 March 2012 (the "Circular"). Additionally, the Capital Reorganisation of the Company has also now been approved as set out in the Circular.

Further to the timetable announced on 15 March 2012 the expected timetable of principal events has been amended as set out below:

Following admission the total issued ordinary share capital of the Company will be 545,513,111 ordinary shares, all of which have voting rights.

Director Shareholding

Tim Wilkes, who has agreed to subscribe for 350,000 ordinary shares pursuant to the Placing, is interested in 1,025,938 ordinary shares in the Company representing an interest of 0.19 per cent. of the total voting rights of the Company. This corrects the statement with respect to Mr Wilkes' interests in the announcement of 15 March 2012. In addition, Tim Wilkes is interested in 1,650,000 options over ordinary shares in the Company as follows:

Options Held                 Option Exercise Price                Expiry Date

650,000                         ?0.20                                        29/05/2015

1,000,000                      N/A (Long term                          25/10/2016

                                    incentive shares)

Change of Registered Office

Firestone would finally like to advise that the registered office of the Company has been changed to the following address:

The Triangle

5-17 Hammersmith Grove

London

W6 0LG

Lucio Genovese, Non-executive Chairman of Firestone, commented: "We are very pleased with the results of the General Meeting and look forward to focusing on the Company's flagship Liqhobong project in Lesotho, which should enable Firestone to become a 1+ million carat per annum producer by 2015. We would like to take this opportunity to thank the existing shareholders for their continued support and to thank the new shareholders for their confidence in the Company."

For further information, visit the Company's web site at www.firestonediamonds.com or contact:

Background information on Firestone Diamonds:

Firestone Diamonds plc is an international diamond mining and exploration company with operations focused on Lesotho and Botswana. Firestone currently operates the Liqhobong Mine in Lesotho and is also the largest holder of mineral rights in Botswana's diamondiferous kimberlite fields, controlling approximately 10,000 square kilometres around the major Orapa and Jwaneng mines and the entire Tsabong kimberlite field. In addition to Liqhobong and BK11, Firestone has 108 kimberlites in its portfolio, of which 30 have been proven to be diamondiferous.

Lesotho is emerging as one of Africa's significant new diamond producers, and hosts Gem Diamonds' Letseng Mine, Firestone's Liqhobong Mine as well as the Kao and Mothae development projects. Botswana is the world's largest and lowest cost producer of diamonds, with annual production worth over $2.5 billion, and is considered to be one of the most prospective countries in the world to explore for diamonds.