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Re: News Release - Monday, December 24, 2007
Appointment of New President and CEO
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Cape Town, December 24, 2007: Diamond Fields International Ltd.
(DFI:TSX) ("DFI" or the "Company") is pleased to announce the
appointment of Edward Wayne Malouf as a director and as President and
Interim Chief Executive Officer effective January 1, 2008. This follows
the announcement on October 2, 2007 that Roger Daniel is leaving the
Company at the end of December 2007. The Company extends its
appreciation to Mr. Daniel for his contributions over the past 6 ?
years, the last two of which he served as CEO. We wish him the best of
luck in his future endeavors.
Mr. Malouf received his B.A. and J.D. from St. Mary's University in
Texas and his M.A. from the University of Chicago. In private practice
for several years, Mr. Malouf has represented a number of mining
companies. In 2002 he became chief executive officer of Sierra Rutile
Limited, a subsidiary of Titanium Resources Group ("TRG"), a London AIM
listed company (TRX), and one of the world's largest producer's of
natural rutile. In that capacity and later as Executive Vice-Chairman
of TRG, Mr. Malouf played a pivotal role in the successful restart of
TRG's rutile and bauxite mining operations in Sierra Leone. Mr. Malouf
has had an outstanding legal and business career and the DFI Board
believes that his experience and proven track record strengthens the
Company's management and will help usher DFI to its next stage of
growth.
DIAMOND FIELDS INTERNATIONAL LTD.
"Ian Ransome"
Ian Ransome, Chief Operating Officer
For further information, contact Ian Ransome at +27 21 425 1990
Website: www.diamondfields.com
Forward-Looking Statements:
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific
factors identified in Diamond Fields' periodic filings with Canadian
Securities Regulators. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results
may vary materially. Diamond Fields does not assume the obligation to
update any forward-looking statement.
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Copyright (c) 2007 DIAMOND FIELDS INTERNATIONAL LTD. (DFI) All rights
reserved. For more information visit our website at
http://www.diamondfields.com/ or send mailto:enquire@diamondfields.com
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