Exploration Update

Sunrise Diamonds PLC
31 August 2006






                              SUNRISE DIAMONDS PLC


31 August 2006

                       EXTENSIVE FIELD PROGRAMME STARTED

                         AT 20 PRIORITY DIAMOND TARGETS



   • Targets Include Occurrences Of Diamond And Kimberlite Indicator Minerals


   • Claims Secured In New 'Area 3' Region


   • Micro-diamond Results From 200kg Lampi Kimberlite Sample Expected Soon.
________________________________________________________________________________



Sunrise Diamonds plc ('Sunrise' or 'the Company') is pleased to announce that it
has, this week, started an extensive field programme to follow up diamond
targets in Finland resulting from its detailed analysis of the BHP Billiton
diamond database for Finland and the recently announced joint venture agreement
with Canada's Nordic Diamonds Ltd.


Twenty target areas have been selected for follow up geochemical sampling. They
include areas where diamonds and kimberlitic indicator minerals have been found
in the surface sediments but where the primary kimberlitic source remains to be
discovered.


The targets are located in three main areas - in the diamondiferous Kaavi-Kuopio
and Kuusamo kimberlite clusters and in a new region, now called 'Area 3' by the
Company, where claims and claim reservations have been secured over a number of
priority magnetic targets.


The Company also wishes to advise that the 200kg sample taken from the recently
discovered Lampi kimberlite at Kuusamo is currently being processed for its
diamond content at Kennecott Laboratories in Canada. A smaller sample from
Lampi, weighing 10kg, recently returned five micro-diamonds. The results from
the new, larger sample are expected within the next few weeks.



Further Info: Patrick Cheetham, Sunrise Diamonds plc. Tel: [phone].
Mob: [phone]

John Greenhalgh/Ron Marshman, City of London PR Ltd. Tel: +44 ( 0)20-7628-5518



The information in this release has been compiled and reviewed by Mr. Patrick
Cheetham (MIMMM, MAusIMM) who is a qualified person for the purposes of the AIM
Guidance Note for Mining Oil & Gas Companies issued on March 16, 2006. Mr
Cheetham is a Member of the Institute of Materials, Minerals & Mining and also a
member of the Australasian Institute of Mining & Metallurgy.








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