Peregrine Diamonds Ltd.

Peregrine Diamonds Ltd.

December 20, 2006 11:42 ET

Duncan McBean Joins Peregrine Diamonds Ltd.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 20, 2006) - Peregrine Diamonds Ltd. ("Peregrine") (TSX:PGD) is pleased to announce the appointment of Mr. Duncan McBean as Supervisor - WO Diamond Project.

Prior to joining Peregrine, Mr. McBean was the Senior Supervisor for De Beers Canada Mining Inc.'s Specialized Geology and Mineral Resource Management Team, focusing on the Snap Lake Diamond Project ("Snap"). Mr. McBean had been associated with Snap for several years, having started initially with Winspear Resources Ltd. in January 1999 during their early delineation drilling and bulk sampling programs.

Preceding his years with Snap, Mr. McBean was employed by Eldorado Gold Corporation ("Eldorado") from 1995 to 1998. Beginning as a contract geologist, providing geologic support for the field operations at the La Colorada gold mine near Hermosillo, Mexico, Mr. McBean's responsibilities quickly grew to involve the geologic interpretation and modeling of the La Colorada, Gran Central and Minas Prietas mineralization zones. Subsequent to his work on the La Colorada mine, Mr. McBean was the Project Geologist at the La Trinidad gold mine, overseeing the evaluation of this deposit with the objective of increasing the open pit and underground resources. Following the successful completion of this assignment, Mr. McBean moved to Eldorado's exploration department in Hermosillo, Mexico where he was involved in regional project evaluations for all of Mexico.

Before his tenure with Eldorado, Mr. McBean had worked on mapping and drilling projects throughout Canada, United States and Mexico, exploring for gold, copper and silver, for a number of mineral exploration companies, including Homestake Mineral Development Company, Brittania Gold Corporation and Reliance Geological Services Inc.

Mr. McBean graduated from the University of Saskatchewan in 1989 with a Bachelor of Science (Geology) and has more than 15 years of international mineral exploration experience covering a broad range of responsibilities from grass roots prospecting to advanced project resource management. He is a Professional Geologist registered with both The Association of Professional Engineers and Geoscientists of BC and The Association of Professional Engineers, Geologists and Geophysicists of the N.W.T and Nunavut.

Jim Crawford, previously Supervisor - WO Diamond Project, has assumed the position of Manager - Investor Relations, based in Vancouver, B.C.

Peregrine is a well funded Canadian diamond exploration/development company that is managed by experienced geoscientists. The company is completing a Preliminary Technical Assessment Report on the 9 hectare DO-27 and 3 hectare DO-18 diamondiferous kimberlite pipes, and is exploring for other diamondiferous kimberlites on its extensive land holdings in Canada. The company trades on the Toronto Stock Exchange under the symbol "PGD".

On Behalf of the Board of Directors:

Eric Friedland, President and CEO

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