Motapa Diamonds Inc.

Motapa Diamonds Inc.

September 21, 2007 18:47 ET

Motapa Retains BMK Communications Inc. for Investor Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2007) - Motapa Diamonds Inc. ("Motapa") (TSX VENTURE:MTP) is pleased to announce that the Company has engaged BMK Communications Inc. ("BMK") of Vancouver, B.C. to provide investor relations and day to day communication services on behalf of Motapa.

BMK provides investor relations services to public companies in North America and specializes in development and management of customized marketing programs. A representative of BMK, Mr. Barry Bergstrom, is a former employee of Motapa who previously provided investor relation services in his capacity as an employee of Motapa. The principals and representatives of BMK hold, directly or indirectly, in aggregate 181,000 common shares of Motapa.

The investor relations agreement with BMK (the "Agreement") is effective immediately and is for an initial term of one year. Compensation paid by Motapa to BMK under the Agreement will be $7,500 per month and the grant of 50,000 incentive stock options exercisable at a price of $0.48 per share on or before September 18, 2009. The options will vest up to a maximum of 12,500 options each quarter throughout the year commencing on the third month after the date of the Agreement. The Agreement and the grant of the options thereunder is subject to the approval of the TSX Venture Exchange and all terms and conditions of the Agreement will be subject to and in accordance with the policies of the TSX Venture Exchange.

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.

Contact Information