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Lucara Announces Appointment of New Director

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/09/14 -- Lucara Diamond Corp. (TSX: LUC)(BOTSWANA: LUC)(NASDAQ OMX Stockholm: LUC) "Lucara" or the "Company") is pleased to welcome and announce the appointment of Mrs. Marie Inkster to the Company's Board of Directors.

Mrs. Inkster is an experienced mining executive. She is the Chief Financial Officer of Lundin Mining Corporation and has held positions of increasing responsibility in a number of publicly traded companies including LionOre Mining International Ltd, where she served as Vice President and Controller. Mrs. Inkster is a CPA, CA and spent 5 years in public accounting with Deloitte Canada.

Lukas Lundin, Chairman of Lucara, commented, "We are very pleased to welcome Marie Inkster to the Board. She brings strong executive and financial expertise to the Board. We look forward to having the benefits of her insight and appreciate her willingness to serve as a director."

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

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

Lucara Diamond Corp.
Robert Eriksson
Investor Relations, Sweden
+46 701-112615
[email protected]
www.lucaradiamond.com

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