Dia Bras Exploration Inc. (DIB-V) ("Dia Bras or the "Company") announces that, on March 6th 2007, the Board of Directors approved, subject to regulatory approvals, an increase in the number of common shares provisioned for the Company’s stock option plan. The approved maximum number of 10,900,000 common shares represents approximately 10% of the current number of shares issued and outstanding.  The Board granted a total of 800,000 options to purchase common shares in the Company to its directors and 370,000 options to purchase common shares to officers who are not directors of the Company. In addition, 605,000 options to purchase common shares have been granted to employees of the Company and its Mexican subsidiaries. All options have an exercise price of $1.10 and an exercise period of five 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

Réjean Gosselin President & CEO Dia Bras Exploration (514) 393-8875

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.