Diana Lee or Diana Lee-Hsu is an American model and actress.
Lee was chosen as Playboy's Playmate of the Month for May 1988. Her centerfold was photographed by Stephen Wayda and Richard Fegley. As an actress, she performed in several Playboy videos and had an appearance in the 1989 James Bond movie Licence to Kill. In the film, Lee played Loti, a Hong Kong narcotic agent. She also is prominently featured in the film's title sequence.