Peregrine Diamonds Ltd. TSX: PGD

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2007) - Peregrine Diamonds Ltd. (TSX:PGD) ("Peregrine") will host a telephone conference call on Wednesday, September 19, 2007 at 1:30 pm Pacific Time to discuss the results of the 2007 bulk sample from the nine hectare DO-27 kimberlite pipe, WO Diamond Project, NT, Canada.

The conference call may be accessed by dialing 1-866-542-4238 in Canada and the United States, or 1-416-641-6127 in the Toronto area and internationally. An operator will register participants. A simultaneous webcast of the conference call will be provided through www.pdiam.com or www.InvestorCalendar.com. The conference call will be archived for later playback and may be accessed by dialing 1-800-408-3053 or 1-416-695-5800 and entering the pass code 3236684#.

Peregrine is a Canadian diamond exploration/development company that is managed by geoscientists with extensive experience in the diamond industry. In addition to completing a Preliminary Technical Assessment of the DO-27 kimberlite, Peregrine is also exploring for other diamondiferous kimberlites on its extensive land holdings in Canada. Peregrine trades on the Toronto Stock Exchange under the symbol "PGD".