Dominion Diamond Corporation to Receive Regulatory Approvals for the Acquisition of the Ekati Diamond Mine

     Dominion Diamond Corporation to Receive Regulatory Approvals for the
                    Acquisition of the Ekati Diamond Mine

PR Newswire

TORONTO, April 1, 2013

TORONTO, April 1, 2013 /PRNewswire/  - Dominion Diamond Corporation  (TSX:DDC, 
NYSE:DDC) (the  "Company") announced  that the  Government of  Canada and  the 
Government of the Northwest  Territories (and related regulatory  authorities) 
have confirmed that the Company will receive the regulatory approvals required
to complete  the  Company's  proposed  acquisition of  the  interests  of  BHP 
Billiton Canada Inc. and its various  affiliates in the Ekati diamond mine  as 
well as the associated  diamond sorting and  sales facilities in  Yellowknife, 
Canada, and Antwerp,  Belgium. The  Company now  expects that  closing of  the 
transaction will occur on or about April 10, 2013.

Cautionary Statement on Forward-Looking Information

This  news  release  contains  statements  that  constitute   "forward-looking 
statements"  and/or  "forward-looking  information"  within  the  meaning   of 
Canadian and United States securities laws (the "forward-looking information")
relating  to  the  proposed  acquisition  of  the  Ekati  diamond  mine.  Such 
forward-looking information is subject  to important risks, uncertainties  and 
assumptions, including  risks  relating  to  the timing  of  closing  of  such 
acquisition. The results  or events predicted  in forward-looking  information 
may differ materially from actual results or events. As a result, readers  are 
cautioned not to  place undue reliance  on forward-looking information,  which 
speaks only as of the date of  this disclosure, and should not rely upon  this 
information as of any other date. While the Company may elect to, it is  under 
no obligation and does not undertake to, update or revise any  forward-looking 
information, whether  as  a  result  of new  information,  further  events  or 
otherwise at  any  particular time,  except  as required  by  law.  Additional 
information concerning factors  that may  cause actual  results to  materially 
differ from  those in  such  forward-looking statements  is contained  in  the 
Company's filings  with  Canadian  and  United  States  securities  regulatory 
authorities and can be found at www.sedar.com and www.sec.gov, respectively.

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's  Northwest Territories  and rough diamond  sorting and  sales 
operations in  Canada,  Belgium  and  India.  Following  the  closing  of  the 
Transaction, the Company  will acquire 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 www.ddcorp.ca

SOURCE Dominion Diamond Corporation

Contact:

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

Ms. Kelley Stamm, Manager, Investor Relations - (416) 205-4380
orkstamm@ddcorp.ca
 
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