Issue of Equity

Sunrise Diamonds PLC
23 May 2007


23 May 2007



                         SUNRISE DIAMONDS PLC



                 NON-EXECUTIVE DIRECTORS' SHARE ISSUE

Sunrise Diamonds plc ('the Company') has today issued 105,761 new ordinary 
shares at 2.125p per share to each of the two non-executive directors of the 
Company, Francis Johnstone and Neil Herbert, following the Company's agreement 
with the two non-executive directors that their fee entitlements (net of PAYE 
Income Tax and National Insurance) be settled bi-annually by an issue of new 
ordinary shares.

This share issue represents payment of net fees for the period 1 November 2006 
to 30 April 2007. The issue price is the closing mid-market price on the day 
prior to the date of allotment following the end of the relevant close period.

Application has been made for 211,522 new ordinary shares to be admitted to
trading on AIM and it is expected that such admission will become effective at
8am on Wednesday 30 May 2007.


For further information contact:

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

Brett Miller, Ruegg & Co Limited. Tel: [phone]


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