Motapa Diamonds Inc.

Motapa Diamonds Inc.

October 19, 2005 18:55 ET

Motapa Grants Stock Options to Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 19, 2005) - Motapa Diamonds Inc. (TSX VENTURE:MTP) has granted 525,000 stock options to directors of the Company under the Company's stock option plan. The options are exercisable at a price of $0.65 for a period of five years and are subject to the policies of the TSX Venture Exchange.

Motapa is among the leading diamond explorers in Africa and has interests in over 13 million hectares (approximately 32 million acres) of diamond prospective properties located in Namibia, Zambia, Botswana, Gabon and Mozambique. Motapa and its partners will spend over US$4.2m to advance these projects in the current fiscal year.

On behalf of the Board


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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