Lucara Share Capital and Voting Rights Update

April 30, 2019

PRESS RELEASE

Lucara Share Capital and Voting Rights Update

VANCOUVER, April 30, 2019 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm)

Lucara Diamond Corp. (“Lucara” or the “Company”) reports the following in accordance with

the Swedish Financial Instruments Trading Act:

As a result of the vesting of employee share units, the number of issued and outstanding shares

of the Company has increased to 396,858,168 common shares with voting rights as at April 30,

2019.

The total number of voting rights in the Company is therefore 396, 858,168. This figure may be

used by shareholders as the denominator for the calculation by which they will deter mine if

they are required to notify their interest in, or a change in their interest in, the Company under

the Swedish Financial Instruments Trading Act on disclosure of major shareholdings

(Transparency Rules).

Eira Thomas

President and Chief Executive Officer

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For further information, please contact:

Investor Relations & Public Relations +1 604 689 7842 [email protected]

Sweden: Ulrika Häggroth, Investor Relations +46 70 298 6001 [email protected]

ABOUT LUCARA

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from

its 100% owned Karowe Mine in Botswana. The Company has an experienced board and

management team with extensive diamond development and operations expertise. The

Company operates transparently and in accordance w ith international best practices in the

areas of sustainability, health and safety, environment and community relations.

ABOUT CLARA

Clara Diamond Solutions (Clara), wholly owned by Lucara Diamond Corp, is a secure, digital

sales platform that uses proprietary analytics together with cloud and blockchain technologies

to modernize the existing diamond supply chain, driving efficiencies, unlocking value and

ensuring diamond provenance from mine to finger.

The information in this release is accurate at the time of distribution but may be superseded or

qualified by subsequent news releases.

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This information is information that Lucara is obliged to make public pursuant to the Swedish

Financial Instruments Trading Act. The information was submitted for publication, through the

agency of the contact person set out above, at 6:30pm Pacific Time on 30 April 2019.