Black Diamond Completes Australian Acquisition

Black Diamond Completes Australian Acquisition 
CALGARY, ALBERTA -- (Marketwire) -- 01/18/13 -- Black Diamond Group
Limited (TSX:BDI) ("Black Diamond") announced today that, effective
January 1, 2013, it has completed the acquisition of 90 percent of
the modular rental business and 20 percent of the modular building
manufacturing business of Australian Portable Buildings Pty. Ltd. on
terms consistent with those previously announced by Black Diamond on
December 21, 2012. 
About Black Diamond  
Founded in 2003, Black Diamond Group Limited is one of North
America's fastest growing remote lodging, modular building and energy
services companies. With its corporate head office located in
Calgary, Black Diamond provides world-class services to a full
spectrum of industries including oil and gas, mining, power,
construction, engineering, military, government and education.  
Through its wholly-owned subsidiaries, Black Diamond Limited
Partnership, BOXX Modular Inc. and through its 50% equity
participation in the Black Diamond Dene Limited Partnership, Black
Diamond West Moberly Limited Partnership, and Black Diamond Nehiyawak
Limited Partnership, Black Diamond operates four complementary
divisions in thirteen strategic locations across Canada and the USA.  
Black Diamond Camps rents and sells remote workforce housing and
provides associated services; Black Diamond Logistics provides
turnkey lodging services, remote facility management and supply chain
solutions; BOXX Modular specializes in renting and selling a broad
range of modular work space solutions and Black Diamond Energy
Services rents and sells a complement of oilfield equipment and
Black Diamond Group Limited
Trevor Haynes
President and Chief Executive Officer
(403) 206-4737
(403) 264-9281 (FAX) 
Black Diamond Group Limited
Michael Burnyeat
Executive Vice President and Chief Financial Officer
(403) 206-4740
(403) 264-9281 (FAX)
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