Mr. William Lamb reports

LUCARA ANNOUNCES DATE FOR ITS FIRST EXCEPTIONAL STONE TENDER IN 2016

Lucara Diamond Corp. has released the dates for its first exceptional stone tender (EST) of 2016. Viewing will take place in Gaborone from April 4 through April 13, 2016, with the tender closing at 1 p.m. Central African time. The tender will feature 10 diamonds with a combined weight of 1,525 carats, including a magnificent 296-carat Type IIa diamond. The tender does not include any of the three previously announced exceptional diamonds recovered in November, 2015.

William Lamb, president and chief executive officer, commented: "We are very pleased to be able to offer this collection of diamonds this early in the year. The collection of diamonds being presented continues to demonstrate the quality of the production being recovered from the south lobe of the Karowe mine."

We seek Safe Harbor.