Diamond Foods Announces Date of Conference Call to Review Restatement and Financial Results for the First Three Quarters of

Diamond Foods Announces Date of Conference Call to Review Restatement and
Financial Results for the First Three Quarters of Fiscal 2012

SAN FRANCISCO, Nov. 12, 2012 (GLOBE NEWSWIRE) -- Diamond Foods, Inc.
(Nasdaq:DMND) today announced that it will release restated financial results
for the fiscal years ended July 31, 2011 and July 31, 2010 and the financial
results for the first three quarters of fiscal 2012 on November 14, 2012 after
market close. Following the release, the Company will host a conference call
and webcast for investors beginning at 2:00 p.m. Pacific Standard Time to
discuss the results and current corporate developments.

To participate in the call via telephone dial (877) 681-3373 from the
U.S./Canada or (719) 325-2171 elsewhere and enter the participant pass code of
279-604. To listen to the call over the internet, visit the company's website
at http://www.diamondfoods.comand select "Investor Relations."

Archived audio replays of the call will be available on the company's website
and via telephone. The latter will begin approximately two hours after the
call's conclusion and remain available through 5:00 p.m. Pacific Time November
21, 2012. It can be accessed by dialing (888) 203-1112 from the U.S./Canada or
(719) 457-0820 elsewhere. Both phone numbers require the participant pass code
884-2287.

About Diamond

Diamond Foods is an innovative packaged food company focused on building, and
energizing brands including Kettle® Chips, Emerald® snack nuts, Pop Secret®
popcorn, and Diamond of California® nuts. Diamond's products are distributed
in a wide range of stores where snacks and culinary nuts are sold. For more
information visit our corporate web site: www.diamondfoods.com.

The Diamond Foods, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6112



CONTACT: Investors:
         Diamond Foods
         Linda Segre
         SVP, Corporate Strategy
         (415) 230-7952
         lsegre@diamondfoods.com
        
         Media:
         Sard Verbinnen & Co
         Paul Kranhold/Lucy Neugart
         (415) 618-8750
         pkranhold@sardverb.com
         lneugart@sardverb.com

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