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 Mon Nov 5, 2007
Diamond Fields: Proposed 1:5 Share Consolidation

 (Cape Town, November 5, 2007) -- Diamond Fields International Ltd. (DFI:TSX) ("DFI" or the "Company") announces that at its 2007 Annual and Extraordinary General Meeting scheduled for December 3, 2007 (the "Meeting"), shareholders will vote on an ordinary resolution to approve a consolidation of the Company's common shares on the basis of one (1) post-consolidation share for every five (5) pre-consolidation shares (the "Consolidation"). If the resolution is approved by a majority of shareholders at the Meeting, the directors of the Company will have the authority to implement the Consolidation at any time prior to September 30, 2008, subject to completion of necessary filings with the Toronto Stock Exchange.

The Company currently has 234,506,715 issued and outstanding common shares. After giving effect to the proposed Consolidation, the Company's outstanding shares would be reduced by a factor of five to approximately 46.9 million shares. Outstanding stock options and warrants would similarly be adjusted by the Consolidation ratio.

Details of the Consolidation are contained in the Company's information circular dated October 18, 2007 which was been mailed to shareholders on November 5, 2007, and has been filed on the SEDAR website (www.sedar.com). DATED November 5, 2007.


DIAMOND FIELDS INTERNATIONAL LTD.
"Roger J. Daniel"
Roger J. Daniel, President and CEO


For further information, contact Roger Daniel at +27 21 425 1990
Website: www.diamondfields.com

Forward-Looking Statements:
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Company's periodic filings with Canadian Securities Regulators. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Diamond Fields does not assume the obligation to update any forward-looking statement other than in accordance with applicable law.
 
 

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