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Lucara Announces Annual Meeting Date

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/20/14 -- Lucara Diamond Corp. (TSX: LUC)(BOTSWANA: LUC)(NASDAQ OMX First North: LUC) ("Lucara" or the "Company") announces that the Annual and Special Meeting of the Shareholders of the Company will be held at the Pacific Boardroom Room, Blake, Cassels & Graydon LLP, Suite 2600 - 595 Burrard Street, Vancouver, British Columbia, on Tuesday, May 13, 2014 at 10:00 a.m.

The Company has fixed April 08, 2014 as the record date for determining shareholders entitled to vote at the Meeting.

About Lucara

Lucara is a well positioned new diamond producer. The Company has an experienced board and management team with extensive diamond development and operations expertise. The Company's two key assets are the Karowe Mine in Botswana and the Mothae Project in Lesotho. The 100% owned Karowe Mine is in production. The 75% owned Mothae Project has completed its trial mining program.

On Behalf of the Board,

William Lamb

President and CEO

Lucara's Certified Advisor on NASDAQ OMX First North is Pareto Securities AB.

Contacts:
Lucara Diamond Corp.
Sophia Shane
Corporate Development
+1 (604) 689-7842

Lucara Diamond Corp.
Robert Eriksson
Investor Relations, Sweden
+46 701-112615

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