Jean-Raymond Boulle, Chairman and Chief Executive Officer of Diamond Fields International Ltd. (“Diamond Fields”) is pleased to announce that Diamond Fields is back in diamond production on the Marshall Forks area of its Luderitz offshore diamond concession in Namibia. Mr. Roger Daniel, director of operations stated, “We are pleased that the contract ship m.v. Anya is on site at Marshall Forks and producing gem quality diamonds”.

Diamond Fields will provide all production and grade results when received in January, 2003.

DIAMOND FIELDS INTERNATIONAL LTD.

Jean-Raymond Boulle
Chairman and Chief Executive Officer

For further information contact:
Earl Young at 1-214-219-1439
Website – www.diamondfields.com

Forward-Looking Statements:
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Diamond Fields’ periodic filings with Canadian Securities Regulators. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Diamond Fields does not assume the obligation to update any forward-looking statement.