Dominion Diamond Corporation Announces Completion of the Sale of its Luxury Brand Segment

 Dominion Diamond Corporation Announces Completion of the Sale of its Luxury
                                Brand Segment

  PR Newswire

  TORONTO, March 26, 2013

TORONTO, March 26, 2013 /PRNewswire/ --

Dominion Diamond Corporation (the "Company") announced today that it has
completed the previously announced sale of its luxury brand diamond jewelry
and timepiece division, Harry Winston, Inc. to The Swatch Group Ltd. As part
of the transaction, the Company has changed its name to Dominion Diamond
Corporation from Harry Winston Diamond Corporation. In connection with this
name change, the Company's stock symbol will change from "HW" to "DDC" on the
Toronto Stock Exchange and from "HWD" to "DDC" on the New York Stock Exchange.

About Dominion Diamond Corporation

Dominion Diamond Corporation is focused on the mining and marketing of rough
diamonds to the global market from attractive operating mine assets that
present low political risk.  Our business encompasses 40% of the Diavik
Diamond Mine in Canada'sNorthwest Territories and rough diamond sorting and
sales operations in Canada, Belgium and India. The Company is awaiting
regulatory clearance on the purchase of an 80% interest in the Ekati Diamond
Mine, also located in the Northwest Territories of Canada, as well as a
control interest in surrounding areas containing significant prospective
resources.

For more information, please visit http://www.ddcorp.ca

SOURCE: Harry Winston Diamond Corporation

For further information:

Mr. Richard Chetwode, Vice President, Corporate  Development -
+44(0)7720-970- 762 or  rchetwode@ddcorp.ca

Ms. Kelley Stamm, Mana ger, Investor Relations - +1(416) 205-4380 or 
kstamm@ddcorp.ca