Director Shareholding

SouthernEra Diamonds Inc. - Directors Shareholding Shares Issued and Outstanding: 102,066,601 TSX: SDM AIM: SRE TORONTO, May 23 /CNW/ - SouthernEra Diamonds Inc. (TSX: SDM & AIM: SRE) today announced that Patrick Evans, a director of the Company, acquired 33,000 common shares of the Company on the open market at a price of C$0.42 per common share. SouthernEra Diamonds is one of Canada's largest fully integrated diamond companies with extensive diamond exploration in five countries, including Canada, Australia, Gabon, the Democratic Republic of the Congo and South Africa. This represents one of the most active global diamond exploration programs. The Company also operates the Klipspringer Diamond Mine in South Africa and maintains an 18 percent free-carried interest in the Camafuca Diamond Project in Angola. For further information: SouthernEra Diamonds Inc. - Mr. Chris Reynolds, Senior Vice President and CFO, or Ms. Sharon Allan, Investor Relations, Telephone: (416) 359-9282, Fax: (416) 359-9141, Email: inbox(at)southernera.com, www.southernera.com (SDM. SRE)
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