Dioro makes market update



    /NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH A
    U.S. NEWSWIRE SERVICE/

    PERTH, Western Australia, May 26 /CNW/ - DIORO EXPLORATION NL ABN 31 009
271 532 (ASX/TSX: DIO) - Reference is made to an article in today's The West
Australian newspaper concerning Dioro Exploration NL ("Dioro").
    Dioro wishes to reconfirm the statement made in the recent letter to
shareholders and announced to ASX on 22 May 2009. This information is now
re-stated.
    Over the last 12 months, Dioro has been in discussions with a number of
third parties, both domestic and international, regarding potential
transactions. In addition, prior to the announcement by Avoca, Dioro had held
preliminary confidential discussions with a third party regarding a
value-maximising transaction. Ongoing discussions with various parties may
potentially result in a counter offer to the Avoca offer or an offer to
acquire all or a significant portion of Dioro's assets. Such an offer or
counter offer could include cash or securities in the third party. While your
Directors will evaluate these opportunities, there is no guarantee that any
alternative offer will eventuate. Dioro confirms that it has not received any
offer from any third party at this stage.




For further information:

For further information: David McArthur, Company Secretary, Dioro
Exploration NL - Dioro Exploration NL Registered Office: Level 2, 45 Stirling
Highway, Nedlands, Western Australia 6009, Telephone (08) 9243 3228, Facsimile
(08) 9389 8327, Website: www.dioro.com.au, Postal Address: PO Box 985,
Nedlands, Western Australia 5909

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DIORO EXPLORATION NL

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