Dia Bras Increases Non-Brokered Private Placement Unit Offering

MONTREAL, QUEBEC, Mar 24 (MARKET WIRE) --
Dia Bras Exploration Inc. (TSX VENTURE: DIB) ("Dia Bras" or the
"Company") announced today that, further to its January 13, 2009 news
release, the non-brokered Private Placement financing has been
oversubscribed and the maximum has been increased to $1.98 million from
$1.85 million. Up to a total of 36,000,000 million Units at a price of
$0.055 per Unit will be issued in accordance with this financing. Please
refer to the press release dated March 11, 2009 for more details.

After taking into consideration this increased maximum of the private
placement, the Company will have 203,251,269 common shares issued and
outstanding.

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".

Forward-looking statements

Except for statements of historical fact, all statements in this news
release, without limitation regarding new project 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.

Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Dia Bras Exploration
Daniel Tellechea
President & CEO
514-393-8875

Dia Bras Exploration
Nathalie Dion
Investor Relations
514-393-8875
www.diabras.com

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