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30 JUNE 2005  

The report of ALROSA President

At the annual shareholders meeting of ALROSA Company that took place on June 25 in Mirny, the president of the company Alexander Nichiporuk made a report. According to Mr Nichiporuk, ALROSA is the largest Russian diamonds mining, cutting and trading company. Last year the company mined diamonds $2167,3 mln worth, sold raw diamonds for $2349 mln and cut diamonds – for $130.9. The share of the company’s diamonds mining in Russia is 98% and in the world – about 22%.

In 2004 ALROSA paid great attention to diamonds resources replenishment in Russia. The company developed its foreign projects as well, such as those in Angola.

In 2005 JSC ALROSA plans to mine diamonds $2185 worth, to sell $2892 mln of diamonds including $142.6 mln of polished.



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