Black Diamond Group Limited Announces July Dividend

July 16 2010

CALGARY, ALBERTA--(Marketwire - July 16, 2010) - Black Diamond Group Limited ("Black Diamond") (TSX:BDI) is pleased to announce that its Board of Directors has declared a dividend for the month of July of $0.09 per share to holders of common shares. The dividend will be paid on August 16, 2010 to shareholders of record on July 30, 2010. The ex-dividend date is July 28, 2010. This dividend is an eligible dividend for Canadian income tax purposes.

About Black Diamond

Black Diamond is an Alberta company, the principal undertaking of which, through its wholly-owned subsidiaries, Black Diamond Limited Partnership, Nortex Modular Leasing and Construction Company and through its 50% equity participation in the Black Diamond Dene Limited Partnership, is to rent modular structures for use as workforce accommodation and temporary workspace, and to provide complementary services including transportation, installation, dismantling, repair and maintenance of modular structures, as well as related services through three operating divisions consisting of Black Diamond Camps, BOXX Modular and Black Diamond Energy Services.

Black Diamond Group Limited
Trevor Haynes
President and Chief Executive Officer
(403) 206-4737
(403) 264-9281 (FAX)
Black Diamond Group Limited
Michael Burnyeat
Vice President, Finance and Chief Financial Officer
(403) 206-4740
(403) 264-9281 (FAX)

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