Based on materials from ALROSA’s official web-site.

ALROSA has read the European Commission's press release today regarding the Commission's decision to accept De Beers's commitment to reduce the quantity of ALROSA's rough diamonds that De Beers may purchase until the end of 2008, and to stop purchasing ALROSA's rough diamonds, directly or indirectly, from 2009 onwards.

The new commitments, which are addressed to De Beers only (and not to ALROSA), differ from the joint commitments previously offered by ALROSA and De Beers and market tested by the Commission in June 2005, especially insofar as the new commitments prohibit the purchase of diamonds by De Beers from ALROSA after 2008. The June 2005 commitments would have allowed ALROSA to continue to supply up to US$275 million per annum to De Beers after a gradual phase down of supplies between the parties

Given this difference and the way in which it came about, ALROSA will review all its options after it has had an opportunity to study the full text of the European Commission's decision.