Motapa Diamonds Inc.
TSX VENTURE : MTP

Motapa Diamonds Inc.

September 19, 2007 16:40 ET

Motapa Grants Incentive Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 19, 2007) - Motapa Diamonds Inc. (the "Company") (TSX VENTURE:MTP) reports that it has granted an aggregate of 1,000,000 incentive stock options to certain directors, officers and employees pursuant to the Company's stock option plan. All options are exercisable at an exercise price of $0.48 per share for a period of five years expiring September 19, 2012 and are subject to the policies of the TSX Venture Exchange. No shares acquired upon exercise of the options may be traded prior to the expiry of a mandatory four month "hold" period from the date of the option grant.

On behalf of the Board

MOTAPA DIAMONDS INC.

Dr. Larry Ott, Chief Executive Officer

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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