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Updated Share Capital and Voting Rights for Lucara

Share Capital & Compensation

NEWS RELEASE

UPDATED SHARE CAPITAL AND VOTING RIGHTS FOR LUCARA

June 30, 2014 (LUC – TSX, LUC – BSE, LUC – NASDAQ OMX Stockholm) Lucara Diamond Corp. ("Lucara" or the "Company") reports that in accordance with the Swedish Financial Instruments Trading Act, Lucara announces the following:

As a result of the exercise of employee stock options, as at June 30, 2014, the number of issued and outstanding shares of the Company is 378,389,748 common shares with voting rights.

On Behalf of the Board,

William Lamb President and CEO

For further information, please contact:

Sophia Shane, Corporate Development +1 (604) 689-7842 Robert Eriksson, Investor Relations, Sweden +46 701-112615