Lucapa Diamond Company Limited (ASX: LOM) ('Lucapa' or 'the Company') is pleased to advise that, further to the ASX announcement on 22 August 2022, the Company has received another A$3.1 million tranche from Sociedade Mineira Do Lulo ('SML') following National Bank of Angola ('BNA') approval to repatriate the full alluvial investment loan owing to Lucapa.

At the 2021 SML Annual General Meeting shareholders approved a A$14.0 million loan repayment to Lucapa. Following BNA approval to repatriate the alluvial investment loan, Lucapa has now received A$6.0 million in two tranches. The balance will be received in upcoming tranches.

This payment reduces the amount owing by SML to Lucapa to ~A$32 million (at prevailing exchange rates).

Authorised by the Lucapa Board.

STEPHEN WETHERALL

MANAGING DIRECTOR

Contact:

CANDICE SGROI

HEAD OF INVESTOR RELATIONS & CORPORATE COMMUNICATIONS

Lucapa Diamond Company Limited

Tel: 0400 49 22 85

Email: csgroi@lucapa.com.au

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