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APPOINTMENT OF DIRECTOR

Montréal, Québec, - March 15, 2005 -

Dia Bras Exploration Inc. (DIB-V) (Dia Bras or the "Company") is pleased to announce the appointment of two new independent directors, Messrs James A. Culver and Robert D. Hirsh.

Dr. James A. Culver holds a Ph. D. Agricultural Economics. He has been active in commodity and trade finance throughout his career and is currently President of Maple Trade Finance Corp.

Mr. Robert D. Hirsh holds a Master in Business Administration degree in Finance and International Business. He is the Managing Director and Unit Head - Mining of Capital Markets with Scotiabank Inverlat in Mexico.

On February 25, 2005, Mr Jean-Marc Lalancette resigned as director of the Company. Mr. Lalancette agreed to sit on the Board of Directors of Nichromex, S. de R.L. de C.V., a wholly-owned Mexican subsidiary of Dia Bras.

Dia Bras Board of Directors is currently comprised of six (6) directors.

The Company also announces it has concluded a consulting agreement with Dr. Thomas Robyn who will provide technical services as required by the Company. Dr. Robyn holds a Ph. D. in geology from the University of Oregon. He has 25 years of experience in exploration, mineral property evaluation and project management. As part of his remuneration, Dr. Robyn was granted 150,000 options exercisable at $0.75

Options
On February 25, 2005, subject to regulatory approvals, the Company granted 500,000 options at an exercise price of $0.75 (closing price on February 24, 2005 was $0.70), including 200,000 options to directors.

Filing
The Company has filed its unaudited quarterly financial statements for the period ended December 31, 2005 as well as all documents required by regulatory authorities.

About Dia Bras
Dia Bras is a Canadian mining exploration company focused on precious and base metals in the State of Chihuahua, Mexico. The Company will continue exploration and the active development of its two key projects – Bolivar and Promontorio – located in the Sierra Madre precious metal belt. The Company is traded on TSX Venture Exchange, under the symbol “DIB”.

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For further information contact:

Réjean Gosselin
President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.