Resignation of Director

#910-475 Howe Street Vancouver, British Columbia Canada V6C 2B3

Tel: (604) 689-2599 Fax: (604) 689-3609

[email protected] www.braziliandiamonds.com

BZD: TSX.V

BRAZILIAN DIAMONDS LIMITED

RESIGNATION OF DIRECTOR

Vancouver, Canada – December 7, 2010 - (TSXV: BZD) ("Brazilian Diamonds" or "the Company") announces that Mike Byron has resigned as a director of the Company effective November 29, 2010. Mr. Byron has tendered his resignation as a board member in order to focus on his other current business ventures. The Board of Directors wish to thank Mike for his contributions to the Company while serving as a director.

For further information contact:

Stephen Fabian, President & CEO

Tel: + 33 6439 10649

Francis Johnstone, Chairman

Te: +44 7970 415 070

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.