DIA BRAS: RENEWS INVESTOR RELATIONS AGREEMENT

Montréal, Québec, - February 1st, 2007 -

Dia Bras Exploration Inc. (DIB-V) ("Dia Bras or the "Company") is pleased to announce the renewal of its agreement with Sun International Communications to provide advisory services in financial communications and investor relations.

Subject to the approval of the TSX Venture Exchange, Dia Bras has granted 40,000 options to Nicole Blanchard, Managing Partner of Sun International Communications, and a monthly retainer fee of $6,000.  Each option entitles the holder to acquire one (1) common share of the Company upon payment of the exercise price of $0.98 per common share.  Each option, upon vesting but subject to prior termination of the agreement, is exercisable for a period of five (5) years.

About Dia Bras
Dia Bras is a Canadian exploration mining company focused on precious and base metals in the State of Chihuahua, in northern Mexico. The Company is committed to developing and adding value to its assets – the Bolivar copper-zinc project and the Cusi silver mining camp. The Company trades on the TSX Venture Exchange, under the symbol “DIB”.

For further information on Dia Bras contact:

Thomas L. Robyn
Executive Chairman
Dia Bras Exploration
(514) 393-8875 ext. 241

Réjean Gosselin
President
Dia Bras Exploration
(514) 393-8875 ext. 241

Nicole Blanchard
Managing Partner
Sun International Communications
(450) 627-6600

Forward-looking statements: Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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