Mr. Eric Friedland reports

PEREGRINE DIAMONDS REPORTS RESULTS OF AGM

At Peregrine Diamonds Ltd.'s annual general meeting of shareholders held on March 26, 2015, the members of the board of directors were all re-elected by show of hands. The attached table shows the votes submitted by proxy.

Director            Votes in          Votes    Percentage     Percentage
nominees              favour       withheld     in favour       withheld

Robert Boyd       51,047,393      1,664,241        96.88%          3.12%
Alan Carter       50,950,673      1,740,961        96.70%          3.30%
Richard Cohen     52,399,223        292,411        99.45%          0.55%
Eric Friedland    52,429,006        262,628        99.50%          0.50%
Myron Goldstein   51,243,879      1,447,755        97.25%          2.75%
Gordon Keep       52,202,057        489,577        99.07%          0.93%
Peter Meredith    50,932,607      1,759,027        96.66%          3.34%

In addition, shareholders voted in favour of reappointing Hay & Watson, chartered accountant, as auditor of the company.