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Lucara Third Quarter 2019 Results to Be Released Monday,

Financials

NEWS RELEASE

LUCARA THIRD QUARTER 2019 RESULTS TO BE RELEASED MONDAY,

NOVEMBER 4, 2019

October 23, 2019 Vancouver, British Columbia (LUC – TSX, LUC – BSE, LUC – Nasdaq

Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) announces that it will be

publishing its 2019 Third Quarter Results on Monday, November 4, 2019, after market close in

North America.

The Company will host a conference call and webcast to discuss the results on Tuesday ,

November 5, 2019 at 6:00 a.m. Pacific, 9:00 a.m. Eastern, 2:00 p.m. UK, 3:00 p.m. CET.

CONFERENCE CALL:

Please call in 10 minutes before the conference call starts and stay on the line (an operator will

be available to assist you).

Conference ID:

07240950 / Lucara Diamond

Dial-In Numbers:

Toll-Free Participant Dial-In North America (+1) 888 390 0605

All International Participant Dial-In (+1) 778 383 7417

Webcast :

To view the live webcast presentation, please log on using this direct link:

https://event.on24.com/wcc/r/2119756/AA485E110CEB641D00D3D85C66D077F6

The presentation slideshow will also be available in PDF format for download from the Lucara

website www.lucaradiamond.com shortly before the conference call.

Conference Replay :

A replay of the telephone conference will be available two hours after the completion of the

call until November 12, 2019.

Replay number (Toll Free North America) (+1) 888 390 0541

Replay number (International) (+1) 416 764 8677

The pass code for the replay is: 240950#

On behalf of the Board,

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: Robert Eriksson, Investor Relations +46 701 112615 [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 with 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, 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.

The information was submitted for publication, through the agency of the contact person set

out above, at 1:15 p.m. Pacific Time on October 23, 2019.