DIAMOND FIELDS INTERNATIONAL LTD. - NO MATERIAL EVENTS TO ANNOUNCE

VANCOUVER, Jan. 27 /PRNewswire/ - Diamond Fields International Ltd. (DFI:TSX) (the "Company") is aware of the significant increase in its share price in TSX trading today. At the request of IIROC on behalf of the TSX, Diamond Fields reports that the Company has no material events to announce.

DIAMOND FIELDS INTERNATIONAL LTD.

"Wayne Malouf"

Wayne Malouf, Chairman and director

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 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, except as otherwise required by law.

SOURCE Diamond Fields International Ltd.

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