DiamonEx Limited

AIM Release
22 January 2009

TRADING HALT
The securities of DiamonEx Limited (the "Company") will be placed in
pre-open at the request of the Company (below), pending the release
of an announcement by the Company.
Unless the ASX decides otherwise, the securities will remain in
pre-open until earlier of the commencement of normal trading on
Tuesday, 27 January 2009 or when the announcement is released to the
market.


22 January 2009

Mr Patrick O'Connor
ASX Ltd (Brisbane)
By Email

Dear Sir

Re: Request for Trading Halt

In accordance with Listing Rule 17.1 Diamonex Limited requests ASX to
grant a trading halt in relation to its securities.  In accordance
with Listing Rule 17.1 the company states the following:

Reason for trading halt

The trading halt is requested pending confirmation of the status of
Diamonex Limited's Botswana operations carried on through its
subsidiary Diamonex (Botswana) Limited.

Length of trading halt

Until 10am (AEDT) Tuesday 27 January 2009 or until the announcement
by the company is made.

The event that the company expects to happen that will end the
trading halt

An announcement by the company.

The company is not aware of any reason why the trading halt should
not be granted or of any other information necessary to inform the
market about the trading halt.

Yours faithfully
DiamonEx Limited
Paul Crawford
Company Secretary



For further information contact:

Dan O'Neill                                          Tel:       + 61
7 37208944
Managing Director                                  Fax:      + 61 7
37208988
Email: doneill@diamonex.com.au            Mob:     + 61 4 07596942

Mark Gray                                            Tel:       + 61
7 37208944
Corporate Development                           Fax:      + 61 7
37208988
Email: mgray@diamonex.com.au            Mob:     + 61 4 12899979

Will Souter or Rob Adamson
RFC Corporate Finance Ltd (Nomad)
Tel: +61 2 9250 0050
        +61 2 9250 0041
Email: will.souter@rfc.com.au
            rob.adamson@rfc.com.au

Fox-Davies Capital Ltd (AIM Broker)
Tel: +44 20 7936 5200


About DiamonEx:

DiamonEx is an emerging diamond  producer having developed a  330,000
carat per year diamond mine at Lerala, in eastern Botswana.  The mine
is 100% owned and is  located in an area that  produces up to 30%  of
the worlds diamonds by value.  The company also owns 15,000 sq km  of
mineral rights  in  Botswana  which  it  is  actively  exploring  for
diamonds, as well as a 9.3 hectare diamondiferous kimberlitic pipe in
northern Colorado, USA,  which it is  currently evaluating for  grade
and value.   DiamonEx  is listed  on  the Australian  Stock  Exchange
(ASX), the Alternative  Investment Market  in London  (AIM), and  the
Botswana Stock Exchange (BSE).

---END OF MESSAGE---


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.



Copyright © Hugin AS 2009. All rights reserved.