N e w s

The Supervising Council of Russian diamond monopolist company "ALROSA" recommended to the Board of Directors to approve the dividends for 2001, which is 3000 rubles (roughly around 100 USD) per share, which is 50% more that in the year 2000. S. Zelberg, the Vice -President of the company noted that in 2001 the volume of diamonds mined by ALROSA came up to $1 billion 665,4 million, which is 2,6% more than the previous year. The volume of main products realised is $ 1 billion 737,9 million. The volume of diamonds sold is $ 130,7 million.

On June 29 , 2002 in the city of Mirny, the meeting of share-holders will take place where the report, previously approved by the Board of Directors. After many disputes the new governors list of the company was also approved.