Lucara to Acquire Motapa Diamonds

Lucara Diamond Corp. ("Lucara") (TSX VENTURE:LUC) and Motapa Diamonds Inc.
("Motapa") (TSX VENTURE:MTP) are pleased to announce that the companies have
signed a letter of intent which contemplates Lucara acquiring all of the
outstanding shares of Motapa pursuant to a plan of arrangement under the
Business Corporations Act (B.C.). Each Motapa share will be exchanged for 0.9055
shares of Lucara representing a 104 percent premium to Motapa's trailing 20 day
volume weighted average price on the TSX Venture Exchange. The exchange ratio is
based on the number of Motapa shares presently outstanding. Upon exercise of any
or all of Motapa warrants or incentive stock options, the exchange ratio will be
adjusted accordingly such that upon completion of the transaction, Motapa
shareholders will hold 35% of the combined company. The boards of directors of
Lucara and Motapa have overwhelmingly approved the terms of the transaction.


Highlights of the Transaction

The transaction will bring significant benefits to each of Lucara and Motapa and
their respective shareholders. In particular, the transaction will provide the
combined company with:


- A platform for the combined company to become the leading diamond exploration
and development company in Africa via organic growth and acquisition
opportunities.


- Ownership consolidation of the highly prospective Mothae diamond development
project located adjacent to and on trend with the world-famous Letseng diamond
mine in Lesotho.


- Additional exploration assets in Namibia, Gabon and the Democratic Republic of
Congo.


- Strengthened management team with extensive specialized diamond experience
both inside and outside of Africa.


- Upon completion of the transaction, the combined company will have
approximately 98.44 million shares outstanding.


Motapa and Lucara have undertaken to finalize a definitive agreement on or
before April 23, 2009 to define the implementation of the plan of arrangement.
The definitive agreement will set out the board and management structure of the
consolidated company and other details customary to a transaction of this
nature.


The transaction is subject to due diligence, signing of a definitive agreement,
certain customary conditions, all requisite regulatory approvals as well as
Motapa shareholder approval. Upon finalization of a definitive agreement, Motapa
will schedule a Special Shareholders' Meeting to consider and vote on the
transaction. To approve the transaction, a vote in favour by Motapa shareholders
of not less than 66 2/3 percent of the votes cast at the Special Shareholders'
Meeting is required.


William Lamb, General Manager of Lucara, commented, "This business combination
is an excellent opportunity to create added value for both companies and
establish a focused, strategic platform for further expansion in Africa. This is
an opportune time to consolidate Mothae and create a larger, more robust company
while strategically assessing future growth opportunities."


About Lucara

Lucara Diamond Corp. is an African focused diamond exploration and development
company. The Company is building a portfolio of advanced staged diamond assets
with a view to become a leading mid-tier African producer. A number of projects
throughout Africa are currently under evaluation for possible acquisition.
Lucara is a member of the Lundin Group of Companies and is listed on the TSX
Venture Exchange under the symbol "LUC".


About Motapa

Motapa holds a broad portfolio of wholly-owned or joint ventured projects and
option agreements in Lesotho, DRC, Gabon, and Namibia. Among these, the Mothae
Project in Lesotho is the flagship.


About the Mothae Project

The Mothae Diamond Project in Lesotho is a joint venture between Lucara (65%)
and Motapa (35%) that is at the bulk sampling stage. The Mothae kimberlite is an
8.8 hectare pipe located 6.5 kilometers northwest of the world-famous Letseng
diamond mine which has produced some of the largest and most valuable diamonds
in the world.


Motapa identified Mothae as a large, low-grade kimberlite with potential to
contain a population of large Type IIa diamonds, similar to the Letseng pipe,
and secured a 24.7 square kilometer prospecting license in 2006. Type IIa
diamonds provide a high proportion of the world's highest value stones on
account of their exceptional color clarity which is ascribed to having no
detectable nitrogen within the diamond crystal structure. Type IIa diamonds also
typically have a coarse size distribution and can be present as very large
stones. The presence of a population of Type IIa diamonds in any kimberlite
greatly enhances its economic potential.


The joint venture partners are in the final stages of a 100,000 tonne bulk
sample of the Mothae kimberlite and diamond recovery results to date confirm the
presence of a coarse stone size distribution and the presence of a significant
population of Type IIa diamonds. To date, 4 diamonds greater than 20 carats, 10
diamonds greater than 10 carats and 51 diamonds greater than 5 carats have been
recovered.


On Behalf of the Board of Directors

Lukas H. Lundin, President, Lucara Diamond Corp.

Dr. Larry Ott, Chief Executive Officer, Motapa Diamonds Inc.

Forward-looking statements: This press release contains statements about
expected or anticipated future events and financial results that are
forward-looking in nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation, competitive
and general economic factors and conditions, the uncertainties resulting from
potential delays or changes in plans, the occurrence of unexpected events and
management's capacity to execute and implement its future plans. Actual results
may differ materially from those projected by management.