Updated as of September 2012

1. Operational Update – August 2012
Operational Update – September 2012
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4. Executive Summary
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5. Company Synopsis
 Botswana Diamonds (BOD) is an AIM and Botswana listed company with
exploration/development projects located in the best diamond address in
the world
 JV with “diamond major” in Botswana
 Significant upside in Mobilong exploration licence in Cameroon -
Diamonds found. Potential projects in Zimbabwe and elsewhere
 Experienced management team which previously sold African Diamonds’s
AK6 kimberlite project to Lucara for c.$100 million
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6. Company Snapshot
 AIM listed diamond explorer focussed Share Price – 1 Year
on projects in Botswana, Cameroon and
Zimbabwe
 Experienced management team looking
to emulate their success with African
Diamonds
 Exciting prospects in the right areas with
encouraging results
Corporate Information Significant Shareholders
Shareholders who hold more than 3% % Holding
Exchanges AIM (LSE)
Rene Nominees 10.47
Ticker BOD
John James Teeling 9.89
Shares in Issue 138m
HSBC Global Cust Nom Ltd 7.36
Market Cap 5.53
WB Nominees Ltd 6.41
Share price 4
James Finn 3.59
Cash position $1 m
TD Waterhouse Nominees (Europe)
3.32
Ltd 5

7. Management team -
Pedigree and Experience
 John Teeling - Executive Chairman
40 years’ experience in mineral exploration. Founder of African Diamonds, sold
to Lucara Diamonds Corp for c. $100 million in 2010.
 Jim Finn - Director
20 years’ resource company experience. Holds qualifications in finance and
accounting. A director of a number of resource and industrial ventures. Has led
the listing procedure for ten AIM companies.
 David Horgan - Director
He is Managing Director of AIM listed oil explorer Petrel Resources plc and
Clontarf Energy plc. Holds a Law degree from Cambridge and an MBA from
Harvard.
 Robert Bouquet - Director
18 years' experience in diamond industry, 14 of which with De Beers and Rio
Tinto Diamonds in a variety of strategic and commercial roles.
Experience in diamond producer countries, particularly in Africa as well as in all
diamond cutting centres.
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8. Company Strategy
Take advantage of existing
geological knowledge and
data.
Secure high potential
ground/projects in world Shareholder Use our expertise in
paleoplacers to explore new
renowned diamond
provinces. Value opportunities.
Utilise Joint Venture’s to
maximise project potential
and value to shareholders.
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9. The right areas...
CAMEROON
Paleoplacer deposit discovered. Three
diamonds discovered so far in initial bulk
sampling.
BOTSWANA
Active 50/50 JV with a major using new
technology to identify large diamondiferious ZIMBABWE
kimberlites in the Orapa area.
A Production Sharing Agreement
A highly prospective 262 sq. km exploration with a local group over a 4,000
licence owned 100% by BOD – 5 high hectare concession in
potential targets identified. Chimanimani.
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10. ...the right properties...
Location Licen Structure Size Renewal Latest News
ces Date
Botswana – 1 100% BoD 262 sq km May – 15 12 targets identified; 5 high
Orapa potential , to proceed to
percussion drilling.
Botswana (JV) Up to JV NA Under Targets identified and
– NE 11 application applications for licences
submitted.
Cameroon – 1 85% 484 sq km Aug – 15 Bulk sampling ongoing,
Libongo diamonds found on the
block.
Zimbabwe – 1 PSA; NA Pending Initial feasibility study
Chimanimani undergone regarding the
prospectivity of the area.
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11. …at the right time
 Diamonds considered a late
economic development commodity
 Emerging markets will drive growth
 Prices remain at historically strong
levels
 Industry structural changes
underway
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12. Areas of Operation and Portfolio
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13. Botswana: The Best Address in Diamonds
 Botswana, the Switzerland of Africa
 Largest diamond producer by value
in the world.
 Botswana Diamonds management
established African Diamonds in
2002
 Discovered the Karowe mine, one
million carats a year, including high
value Type 2 in Orapa
 The company was sold to Lucara
(TSX: LUC) in December 2010
Source: Lucara
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14. Botswana PL170/2012 Kaapvaal Craton
 Highly prospective 262 sq km block awarded in May 2012
 Part of the Orapa kimberlite cluster
 On the Kaapvaal craton with up to 60m of sand
 De Beers explored lightly but ineffectively
 Modern techniques are more precise
 High resolution geophysics completed; five highly
prospective opportunities identified
 Percussion drilling to commence
 Geology similar Gope Mine of Gem Diamonds and the
recent Petra discovery X36
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15. Botswana: Joint Venture
 JV with diamond major. The major holds a proven
technology which will be used in Botswana for the first
time;
― Initial area of interest – NW territory of Botswana
― New approach to traditional areas
― Significant upside in difficult, underexplored areas
 Secondary analysis and targeting followed by prospecting
 Geophysical data has being processed. Geochemical data
collection completed
 Full results due Qtr 4 2012. Initial results indicate a
number of attractive areas
 Applications for concessions in the identified area has
commenced. 14

16. Botswana - Areas of Joint Venture Interest
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17. Cameroon: Mobilong Diamondfields
 New paleo-conglomerate diamond field CNK
Licence
Area
emerging in east Cameroon
 CNK Mining (Korean) are constructing a
1 million carat p.a. mine in Mobilong
adjacent to BOD licence
Initial Area
of Focus
 480sq km of Exploration Licence - Terms BOD
Licence
Area
are 4 years with renewals
16

18. Cameroon: Libongo Licence
 Several outcrops of paleo-
conglomerate identified
 Three diamonds already found, helping
to confirm value of the resource
 Evidence of artisanal workings in area;
 Three 100 tonne bulk samples are
being analysed to confirm presence of
diamonds
 An evaluation to be undertaken on
whether economic 17

19. Zimbabwe: Emerging Diamond Powerhouse
 It is likely that Zimbabwe will be
among the top diamond
producers
Project
 Political uncertainty Areas
 Sanctions apply to many diamond
operators
 BOD holds kimberlite concessions
and has a PSA with the holders of
a licence in Chimanimani
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20. Summary
 Expert management team with previous track
record in successful diamond exploration
 Operating in the right areas
 Positive initial results
 Working towards JVs to de-risk projects
 Sufficient cash for near-term exploration
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21. Contact Details
162 Clontarf Road
Clontarf
Dublin 3
Ph: +353 1833 2833
Web: www.botswanadiamondsplc.com
www.botswanadiamonds.co.uk
Email: Info@botswanadiamondsplc.com
info@botswanadiamonds.co.uk
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22. Appendix - Diamond Market
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23. Appendix: Diamond Market
Source: Bain report, December 2011
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24. Appendix: Diamond Market
Source: Bain report, December 2011
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25. Appendix: Diamond Market
Source: RBC Capital Markets, September 2010 Source: Bain report, December 2011
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26. Appendix - Diamond Source
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27. Appendix: Evolution of the Earth
Crudely concentric structure
Crust
Solid lower and upper mantle
Liquid outer core
Solid inner core
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28. Appendix:
Eruption Of A Kimberlite Volcano
Crater
Diatreme
Xenoliths
Root
27 of 27 27

29. Appendix: Diamondiferous
Kimberlites
mobile belt craton
lithosphere
diamond stability zone
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30. Appendix: Diamond Deposits
29 of 27 29

31. Appendix: Global Diamond Deposits
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