Statement Regarding Class Action Settlement in the United States 28 December, 2007 De Beers has settled a class action law suit in the United States. While we don't accept the allegations, we do believe that settling this suit is in the best interests of our clients, our shareholders and consumers. We have made the decision to put this matter behind us because we believe resolving it will allow us to focus on building De Beers' future, maintain and grow our reputation as a leader in the luxury goods sector, and most importantly, protect consumers' confidence in their diamond purchases. The $295 million settlement is a significant sum for De Beers, but we feel that it is a sum worth spending to maintain consumer confidence in diamonds. Consumers will begin seeing advertisements in the coming days and weeks on how they can file a claim. We encourage consumers to find out more about the settlement, and whether they are able to make a claim, by visiting www.diamondsclassaction.com.