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):

25 April 2008

6. Date on which issuer notified:

28 April 2008

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

From 3% - 4% (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 3,936,658 3,936,658 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 4,812,260 4,812,260 4.13% BMG638411113 B: Financial Instruments

Resulting situation after the triggering transaction

N/A Total (A+B) Number of voting % of voting rights rights 4,812,260 4.13%

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) (4,812,260 - 4.13% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (4,372,312 - 3.75 % = PMC)

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

Legal & General Assurance (Pensions Management) Limited (PMC) (4,372,312 - 3.75 % = PMC)

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 29 April 2008

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