JBZY JB and ZJMY Holding Company (CE)

Dolat Ventures Inc. (OTCBB: DOLV), an exploration diamond development company focused on West Africa, is pleased to announce its plans to channel initial resources in August 2012 towards its Project at Baimbawai Pool on the Sewa River Project, Sierra Leone.

DOLV is very excited to finally begin mechanizing its diamond and potential gold mining operations in Sierra Leone. The Company believes there is significant potential to enhance the existing geological data to support the rapid expansion of production which will help the company secure additional financing.

Dovid Hauck, President of Dolat Ventures, stated, "I am looking forward to returning to Sierra Leone to oversee the establishment of mechanizing our local operations. I am convinced that DOLV has the necessary local support, knowledge and contacts to continue to implement its production strategy for the Baimbawai Pool on the Sewa River. I have seen first-hand the high quality gemstone diamonds that have already been extracted from the mining concessions and the potential gold surrounding the DOLV claims for future mining activities in the region."

DOLV is focused on implementing and maintaining effective local operations to help ensure a steady production stream of diamonds and potential gold. The Company is dedicated to a social investment strategy in Sierra Leone and is in the process of its plans to help create local employment opportunities and encourage social development through green energy and water projects.

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. Dolat's Millenium Mining is located in the Sewa River, located in the heart of Sierra Leone, West Africa 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. The company intends to wholesale its rough and uncut diamonds 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