09:08 EDT Thursday, June 25, 2009

MONTREAL, QUEBEC--(Marketwire - June 25, 2009) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) (TSX-V: DIB or the Company) held its Annual General and Special Meeting (the "Annual Meeting") on June 10, 2009. All matters placed before the shareholders were approved, including the election of all director nominees, namely Dr. Thomas L. Robyn, J. Alberto Arias, David Crevier, Doug Cater, Eduardo Gonzalez, Robert Hirsh, Philip Renaud and Daniel Tellechea. Mr. Mark Goodman did not stand for re-election as a Director.

At the annual meeting, the shareholders approved an increase in the number of shares reserved for issuance pursuant to the Stock Option Plan of the Company from 10,900,000 to 13,600,000.

The voting report of the Annual Meeting is available for review on the SEDAR system.

Subsequent to the annual meeting of shareholders, the Board of Directors also appointed Dr. Robyn as Chairman of the Company, Daniel Tellechea as President and Chief Executive Officer, Arved Marin as Controller and Luce L. Saint-Pierre as Corporate Secretary.

Finally, the Board granted a total of 1,277,500 options to purchase common shares in the Company to its directors and 110,000 options to purchase common shares to officers who are not directors of the Company. In addition, 702,500 options to purchase Common Shares have been granted to employees of the Company and its Mexican subsidiaries. All options have an exercise price of $0.10 and an exercise period of five years ending June 23, 2014.