Dominion Diamond Corporation Issues Statement

22 December 2015

YELLOWKNIFE, CANADA - December 22, 2015 - Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the "Company" or "Dominion") today issued the following statement in response to the Schedule 13D filed by a group of investors including The K2 Principal Fund, L.P. (the "Group").

Dominion actively engages with its shareholders and other stakeholders and values constructive input towards the goal of enhancing shareholder value.  The Group has requested a meeting with Dominion, and Dominion looks forward to an open dialogue. 
The Company's board and management team are committed to creating value for our stakeholders and we will continue to take actions to accomplish this goal and position the Company for future growth and success.