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New Appointment

Thursday, September 20th, 2007

Stornoway Diamond Corporation is pleased to announce that Mr. Yves Harvey has joined the Company’s Board of Directors.
Mr. Harvey is currently the executive director of COREM, the Quebec City based minerals industry research laboratory, a collaborative industry/government consortium. He served as president and executive director of SOQUEM (now a wholly-owned subsidiary of Société générale de financement du Québec) from 1991 until 2006. Mr. Harvey is a member of the Ordre des Ingenieurs du Quebec, the Association des Prospecteurs du Quebec, the Prospectors and Developers Association of Canada; and the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”), of which he served as President in 1998-99. His educational background includes a Ph.D. in economic geology which he received from Université Laval, Quebec in 1984 and a Master’s degree in geological engineering, which he obtained from Ecole Polytechnique, Montreal, in 1975.
Catherine McLeod-Seltzer, Chairman of the Board, stated, “As part of our developing growth strategy, we are very pleased to be welcoming Yves Harvey to the Stornoway board. Mr. Harvey’s extensive knowledge and experience in the Québec minerals sector will be invaluable to our Company as we work to advance our large and diversified portfolio of Canadian diamond properties that includes Renard, a development track diamond project with the potential to become Québec’s first diamond mine”.
Following the acquisitions by Stornoway of Ashton Mining of Canada Inc. and Contact Diamond Corporation, Stornoway has reorganized its management team, including its Board of Directors. In conjunction with the appointment of Yves Harvey as a director, Matt Manson, Bruce McLeod and Jeff Stibbard have stepped down as directors of the Corporation. Mr. Manson will continue to play a key executive role as President of Stornoway, while Mr. McLeod and Mr. Stibbard have agreed to act as ongoing technical advisors to the Corporation. Stornoway would like to thank the outgoing directors for their valuable contributions in helping Stornoway to achieve its goal of becoming one of Canada’s premier, mid-tier, diamond exploration and development companies. The Board now consists of seven members.

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