JBZY JB and ZJMY Holding Company (CE)

Dolat Ventures Inc. (OTCBB: DOLV) announced today that prices of rough diamonds are expected to rise this year driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia as stated by the head of the World Diamond Council (WDC) in Reuters on Monday.

"We see this as a positive trend in pricing of rough stones to be very beneficial for raising capital and completing our projected goals in Sierra Leone," said Dovid Hauck, President of Dolat Ventures.

"Prices have been stabilizing and (are heading) towards going up again. Outlook seems to be bullish," the WDC President Eli Izhakoff said in an interview at the annual meeting of the council representing diamond manufacturing and trading companies held this year in northern Italy. "I think the prices will end the year ... higher... with strong demand in the U.S. as the world's biggest consumer of polished diamonds shows signs of economic recovery. Forecasts for demand in India and China are also very positive and diamond demand is expected to exceed supplies this year, giving fundamental support to prices," added Izhakoff.

Asia's growing appetite for diamonds has helped the sector offset weaker patches elsewhere and is key to several market debuts in the pipeline as in the Hong Kong $1billion initial public offering (IPO) of London-based high end jeweler Graff Diamonds.

"The market expects stable rough diamond prices in 2012, with the second half of the year seeing further improvement. Looking to 2013 and beyond, we are more optimistic, though the economic turmoil in Europe will continue to weigh on sentiment," the RBC capital Markets analysts wrote.

Dolat's Millenium Mining is located in the Sewa River, located in the heart of Sierra Leone, formed by the junction of the Bagbe and Bafi rivers; it flows 150 mi (240 km) to join the Waanje River and form the Kittam, which empties into the Atlantic Ocean. The country's most important commercial river, it has historically produced the bulk of Sierra Leone's diamond exports.

About Dolat Ventures Inc. (OTCBB: DOLV) www.dove-diamonds.com Dolat Ventures Inc., through its wholly owned subsidiary Dove Diamonds & Mining, intends to sell, market, cut and distribute its diamonds and gems around the world. The company intends to purchase rough and uncut diamonds and gems from international suppliers globally.

Forward-Looking Statements This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.

These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Dovid Hauck President TEL 212-502-6657 FAX 212-501-2077 EMAIL info@dove-diamonds.com