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Tue 8 Jun 2004, 16:17 TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
DIAMOND CORE RESOURCES LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT  
  Diamond Core Resources Limited                                                  
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1998/013468/06)                                            
  JSE Share code: DMR                                                             
  ISIN Number: ZAE000045688                                                       
  (`Diamond Core` or `the Company`)                                               
  TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                                   
  Shareholders are advised that the company`s earnings and headline earnings per  
  share for the year ending 30 June 2004 are expected to be substantially higher  
  than those for the previous comparative period.  (`Substantially` is defined in 
  the Listings Requirements of the JSE Securities Exchange South Africa as meaning
  30% or greater.)                                                                
  As this financial information has not been reviewed or reported on by the       
  auditors of the company, shareholders are advised to exercise caution when      
  dealing in Diamond Core shares until the company`s results are published,       
  expected to be in late September 2004.                                          
  By order of the board                                                           
  Johannesburg                                                                    
  8 June 2004                                                                     
  Sponsor                                                                         
  Sasfin Corporate Finance                                                        
  A Division of Sasfin Bank Limited                                               
  Corporate adviser                                                               
  QuestCo (Pty) Limited                                                           
  Date: 08/06/2004 04:17:04 PM Produced by the JSE SENS Department
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