TORONTO, ONTARIO, Feb 11, 2008 (MARKET WIRE via COMTEX News Network) --

Crystallex International Corporation (TSX: KRY) (AMEX: KRY) ("Crystallex" or the "Company") announced today that it has completed its previously announced offering of 32,890,000 units at C$2.10 per unit for gross proceeds of C$69,069,000, including 4,290,000 units issuable upon the exercise of the over-allotment option by the syndicate of underwriters.

Crystallex plans to use the net proceeds from the financing to develop the Las Cristinas Project, for debt service and for general corporate purposes.

These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and these securities may not be offered or sold, directly or indirectly, within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) without registration under the U.S. Securities Act and any applicable state securities laws unless an exemption from registration is available. This news release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.

Contacts: Crystallex International Corporation Richard Marshall VP 1-800-738-1577 Email: info@...

SOURCE: Crystallex International Corporation

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