Diamond Foods Names New Executive Vice President of Global Operations and Supply Chain

Diamond Foods Names New Executive Vice President of Global Operations and
Supply Chain

SAN FRANCISCO, Dec. 3, 2012 (GLOBE NEWSWIRE) -- Diamond Foods, Inc.
(Nasdaq:DMND) announced that effective today, David J. Colo has been appointed
to the newly created position of Executive Vice President, Global Operations
and Supply Chain.

Mr. Colo brings more than twenty-five years of operations and supply chain
experience to Diamond Foods. He spent seven years with ConAgra Foods in a
variety of senior roles including manufacturing, operations and food
ingredients general management in the Consumer and Commercial Products
Divisions. Prior to joining ConAgra Foods, Mr. Colo spent 16 years with
Nestle-Purina where he held several roles with increasing responsibilities in
supply chain, production, plant management, quality assurance, operations
planning and general management.Mr. Colo holds a B.S. in Agribusiness
Economics from Southern Illinois University.

In this role, Mr. Colo will have responsibility for global manufacturing,
procurement and supply chain and report to Brian J. Driscoll, Diamond Foods'
President and CEO. "Dave's deep manufacturing and supply chain experience will
be invaluable to us as we seek to identify cost savings opportunities in
procurement, operations and logistics and implement plans to drive
organizational effectiveness throughout all of our operations," said Mr.
Driscoll.

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

Forward-Looking Statements

This press release includes forward-looking statements, including statements
about identifying cost reduction opportunities and operational effectiveness
in the Company's production facilities and supply chain operations. Actual
results may differ materially from what we currently expect as a result of
many risks and uncertainties.Risk factors affecting our business and
prospects are described under the "Risk Factors" section of the periodic
reports that we file with the SEC. All forward-looking statements included in
this press release are made as of the date of this press release, based on
information currently available to Diamond's management, and we assume no
obligation to update any such forward-looking statements.

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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