Dia Bras Exploration Inc.
TSX VENTURE : DIB

Dia Bras Exploration Inc.

April 05, 2007 11:00 ET

Dia Bras Exploration Inc.: Grant of Options

MONTREAL, QUEBEC--(CCNMatthews - April 5, 2007) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) announces that, on March 6th 2007, the Board of Directors approved, subject to regulatory approvals, an increase in the number of common shares provisioned for the Company's stock option plan. The approved maximum number of 10,900,000 common shares represents approximately 10% of the current number of shares issued and outstanding. The Board granted a total of 800,000 options to purchase common shares in the Company to its directors and 370,000 options to purchase common shares to officers who are not directors of the Company. In addition, 605,000 options to purchase common shares have been granted to employees of the Company and its Mexican subsidiaries. All options have an exercise price of $1.10 and an exercise period of five years.

About Dia Bras

Dia Bras is a Canadian mining exploration company focused on precious and base metals in the State of Chihuahua, Mexico. The Company actively explores and develops two key projects - Bolivar and Promontorio - located in the Sierra Madre precious metal belt. The Company is traded on TSX Venture Exchange, under the symbol "DIB".

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Forward-looking statements: Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

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