Cadillac Ventures Inc V.CDC.H

Is this why the deterioration in price?

[NETS]

"A total of 6,750,000 incentive stock options have been granted effective March 1, 2004 at an exercise price of $0.19 per share. The options have a two year term and are subject to a four month hold period" Grants Stock Options The Company wishes to announce that it has granted a total of 9,200,000 incentive stock options to directors, officers, employees and consultants under the terms of its Stock Option Plan approved at its October 22, 2003 shareholders meeting. A total of 1,200,000 incentive stock options have been granted effective February 16, 2004 at an exercise price of $0.24 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of two years. A total of 250,000 incentive stock options have been granted effective February 16, 2004 at an exercise price of $0.31 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of two years. A total of 6,750,000 incentive stock options have been granted effective March 1, 2004 at an exercise price of $0.19 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of two years. ABOUT CHINA DIAMOND CORP. China Diamond Corp. (www.chinadiamondcorp.com) is China's largest diamond producer. The Company is a junior resource company engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects. China Diamond Corp. controls four mining properties in the People's Republic of China. China Diamond Corp. trades on the TSX Venture Exchange under the symbol "CDC". TEL: [phone] Investor Relations Email: [e-mail] WEBSITE: www.chinadiamondcorp.com ______________________________________ ___________________________________________________________________ (c) Market News Publishing Inc. Tel:[phone] All rights reserved. Fax:[phone] MarketbyFax(tm) - To get the NEWS as it happens, call [phone].