Black Diamond Group Limited Announces May Dividend

May 18 2010

CALGARY, ALBERTA--(Marketwire - May 18, 2010) - Black Diamond Group Limited (TSX:BDI) ("Black Diamond") is pleased to announce that its Board of Directors has declared a dividend for the month of May of $0.09 per share to holders of common shares. The dividend will be paid on June 15, 2010 to shareholders of record on May 31, 2010. The ex-dividend date is May 27, 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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