27 July 2012

AIM: STEL

Stellar Diamonds plc

(�Stellar� or the �Company�)

Director Shareholding

Stellar Diamonds plc announces that on the 27^th July 2012, Lord Daresbury, non-executive Chairman of Stellar, transferred 3,058,574 ordinary 1p shares in the Company (�Ordinary Shares�) at a price of 3.0p per Ordinary Share from his personal ownership to Corporation of Lloyds, Nameco (no. 76), a trust of which Lord Daresbury is a beneficiary ( the �Transfer�). Following the Transfer, Lord Daresbury�s beneficial interest in the Company has not changed and remains at 4,938,164 Ordinary Shares, equivalent to 1.74 per cent of Stellar�s issued share capital.

For further information please contact the following or visit the Company�s website at www.stellar-diamonds.com.

Stellar Diamonds plc

Karl Smithson,Chief ExecutiveTel: +44 (0) 20 7257 2930

Northland Capital Partners Limited

(Nominated Advisor and Broker)

Gavin Burnell, Edward Hutton Tel: +44 (0) 20 7796 8800

Daniel Stewart & Company plc

(Co-Broker)

Martin Lampshire, Antony Legge Tel: +44 (0) 20 7776 6550

Pelham Bell Pottinger

James MacFarlane, Joanna Boon Tel: +44 (0) 20 7861 3232