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Lucara Corporate Update

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/14/14 -- Lucara Diamond Corp. (TSX: LUC)(BOTSWANA: LUC)(NASDAQ OMX First North: LUC) ("Lucara" or the "Company") announces that, it has granted 50,000 incentive stock options to an employee of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $1.93 per share.

On Behalf of the Board,

William Lamb, President and CEO

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

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