TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Namakwa Diamonds Limited

2. Reason for the notification (please place an X inside the appropriate brackets):

An acquisition of voting rights

3. Full name of person(s) subject to the notification obligation:

Legal & General Group Plc (L&G)

4. Full name of shareholder(s) (if different from 3.):

Legal & General Assurance (Pensions Management) Limited (PMC)

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

14 April 2008

6. Date on which issuer notified:

15 April 2008

7. Threshold(s) that is/are crossed or reached:

Above 3% (L&G)

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if Situation previous to the Triggering transaction possible using the ISIN CODE Number of shares Number of voting Rights Ordinary USD 0.000625 Below 3% Below 3% BMG638411113

Resulting situation after the triggering transaction

Class/type of shares Number of Number of voting rights % of voting if possible using the shares rights ISIN CODE Direct Direct Indirect Direct Indirect Ordinary USD 0.000625 3,936,658 3,936,658 3.38% BMG638411113 B: Financial Instruments

Resulting situation after the triggering transaction

N/A Total (A+B) Number of voting % of voting rights rights 3,936,658 3.38%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :

Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)

Legal & General Investment Management Limited (Indirect) (LGIM)

Legal & General Group Plc (Direct) (L&G) (3,936,658 - 3.38% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)

(3,594,938 - 3.08 % = PMC)

Legal & General Assurance (Pensions Management) Limited (PMC) (3,594,938 - 3.08 % = PMC)

Legal & General Insurance Holdings Limited (Direct) (LGIH)

Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL)

Proxy Voting: 10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Notification using the total voting rights figure of 116,422,657

14. Contact name:

Notifier: Helen Lewis (LGIM)

Issuer: Kate Elsdon (Capita Company Secretarial Services)

15. Contact telephone number: Helen Lewis - 020 3124 3851 Kate Elsdon - 020 7592 8166 16 April 2008

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