CRYSTALLEX INTERNATIONAL CORPORATION

Crystallex International Corporation headquartered in Toronto, Canada, has operations and exploration properties in Venezuela. Its principal asset is the Las Cristinas property in Bolivar State which is currently under development. Las Cristinas’ estimated 14 million ounces positions Crystallex as one of the largest North American-based gold companies in terms of gold reserves.

The remarkable quality of the Las Cristinas property has allowed Crystallex to attract an exceptional management team. Led by Gordon Thompson (President & CEO), William Faust (COO & Senior VP), Robert Crombie (Senior VP Corporate Development) and Dr. Sadek El-Alfy (VP, Operations), Crystallex has the depth of experience and discipline seeking to maximize the value of Las Cristinas for its shareholders.

Crystallex’s exploration efforts to date indicate that gold mineralization at Las Cristians remains open at depth and in certain areas at surface. Las Cristinas thus has considerable potential to grow even further.

Las Cristinas In September 2002, Crystallex signed a Mining Operation Agreement with the Corporacion Venezolana de Guayana (CVG) which granted Crystallex exclusive rights to develop and exploit the gold deposits on the Las Cristinas property. Calculated at a US$450 per ounce gold price, Las Cristinas has estimated reserves of 14 million ounces of gold, contained in a measured and indicated resource of 17.7 million ounces.

The Company continues to progress its objective of becoming a significant intermediate gold producer. Crystallex expects to commence gold production in the first half of 2009 at its base case level of 20,000 tonnes per day (“tpd”). Las Cristinas engineering and design work is essentially complete; all Long Lead items have been fabricated and/or secured. To date, expenditures are at US$115 million under the EPCM contract. In the first five years of full operation Las Cristinas average production for the 20,000 tpd base case will amount to approximately 300,000 ounces a year at total cash costs of US$165 per ounce.

Crystallex has already completed a Pre-Feasibility Study for an expanded 40,000 tpd operation and plant facilities will be constructed in modular fashion to facilitate future expansion and increased production. The 40,000 tpd case would see production for the first five years average some 500,000 ounces per annum.

Crystallex’s existing operations in the El Callao district of Venezuela produced 47,345 ounces of gold in 2006. Crystallex is currently mining and processing ore from open pit and underground mines on the Tomi concession.

The Company’s shares are traded on the Toronto Stock Exchange and on the American Stock Exchange under the symbol KRY. Crystallex is a member of the S&P/TSX Composite Index, the TSX Gold Index and the Amex Gold Miners Index.