Diamond Foods Announces Date of Conference Call to Review Financial Results for the Fourth Quarter and Full Year Fiscal 2012 and

Diamond Foods Announces Date of Conference Call to Review Financial Results
for the Fourth Quarter and Full Year Fiscal 2012 and the First Quarter of
Fiscal 2013

SAN FRANCISCO, Dec. 13, 2012 (GLOBE NEWSWIRE) -- Diamond Foods, Inc.
(Nasdaq:DMND) today announced that it will release financial results for the
first quarter ended October 31, 2012 of fiscal year 2013 on December 17, 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 of the first quarter of fiscal 2013 and the fourth quarter
and full year fiscal 2012.

To participate in the call via telephone dial (888) 500-6955 from the
U.S./Canada or (719) 325-2347 elsewhere and enter the participant pass code of
817-624. To listen to the call over the internet, visit the company's website
at http://www.diamondfoods.com and 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 6:00 p.m. Pacific Time December
24, 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
928-0014.

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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