SYMBOL: DFI

    CAPE TOWN, South Africa, March 29 /PRNewswire-FirstCall/ - Diamond Fields
International Ltd. (TSX: DFI) ("DFI" or the "Company") is pleased to announce
the result of its latest sale of a parcel of 95% gem quality rough diamonds
from its Namibian marine operations. 1,815 carats of diamonds were sold at a
price of US$ 218.31 for gross proceeds of US$ 396,249.
    Roger Daniel, President and CEO of Diamond Fields commented: "This sale
again confirms the quality of DFI's marine diamond resource. The diamonds sold
were all recovered from the recently completed development program in the Diaz
Reef section of Diamond Fields' licenses and the price reflects the larger
average stone size than in Marshall Fork."
    Diamond Fields' vessel mv DF Discoverer returned to full mining mode in
the Diaz Reef area at the beginning of March as a result of the success of the
trenching program in the Elephant Basin and Reef Edge features. The high grade
deposit found in Elephant Basin is still open to the west and south while the
deposit found in Reef Edge is open to the north.
    As previously announced in press releases dated March 1, 2006, Diamond
Fields International Ltd. and Moydow Mines International Inc. (TSX: MOY),
(AIM: MOY) ("Moydow") stated that they had reached an agreement effective
February 28th, 2006 (the "Agreement") pursuant to which Moydow security
holders will exchange their Moydow securities for securities of Diamond
Fields. The transaction is subject to various conditions as previously
announced. Moydow, like Diamond Fields, is engaged in mineral exploration and
development worldwide.

    DIAMOND FIELDS INTERNATIONAL LTD.

    "Roger J. Daniel"

    Roger J. Daniel, President and CEO
    For further information, contact Greg Girdler, Investor Relations at
    (604) 288-1400 Website: http://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.

Link to this page: