DIA BRAS: RAISES $1.83 MILLION THROUGH WARRANT EXERCISE

Montréal, Québec, - September 14, 2005 -

Dia Bras Exploration Inc. (DIB-V) (Dia Bras or the "Company")announced today that warrant holders have exercised 10,749,225 warrants at $0.17 per share, 98% of the original total. Dia Bras received a total of $1,827,368 (7,767,292 warrants exercised after the year-end 2005 for a total amount of $1,320,439).

T he Company said proceeds will be directed primarily towards exploration at the Bolivar property (Cu-Zn), where the pilot mining program has rapidly increased production to 300 tpd (tonnes per day) this year.

The Company now has 59,224,769 shares outstanding.

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.