REPORT UNDER PART 4 OF NATIONAL INSTRUMENT 62-103

For the month of January, 2008

1. (a) the name and address of the eligible institutional investor;

Tradewinds Global Investors, LLC

2049 Century Park East, 20th Floor

Los Angeles, CA 90067

(b) the net increase or decrease in the number or principal amount of

securities, and in the eligible institutional investor's

securityholding percentage in the class of securities, since the last

report filed by the eligible institutional investor under Part 4 or the

early warning requirements;

40,231,163 common shares of Crystallex Int'l Corp

15.38% of common shares of Crystallex Int'l Corp

(c) the designation and number or principal amount of securities and

the eligible institutional investor's securityholding percentage in the

class of securities at the end of the month for which the report is

made;

40,231,163 common shares of Crystallex Int'l Corp

15.38% of common shares of Crystallex Int'l Corp

(d) the designation and number or principal amount of securities and

the percentage of outstanding securities referred to in paragraph (c)

over which

(i) the eligible institutional investor, either alone or together

with any joint actors, has ownership and control,

n/a

(ii) the eligible institutional investor, either alone or

together with any joint actors, has ownership but control is held

by other entities other than the eligible institutional investor

or any joint actor, and

n/a

(iii) the eligible institutional investor, either alone or

together with any joint actors, has exclusive or shared control

but does not have ownership;

40,231,163 common shares of Crystallex Int'l Corp

15.38% of common shares of Crystallex Int'l Corp

(e) the purpose of the eligible institutional investor and any joint

actors in acquiring or disposing of ownership of, or control over, the

securities, including any future intention to acquire ownership of, or

control over, additional securities of the reporting issuer;

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Tradewinds Global Investors, LLC acquired the shares on behalf of its

advisory clients for investment purposes only and not for the purposes

of influencing or controlling Crystallex Int'l Corp

(f) the general nature and the material terms of any agreement, other

than lending arrangements, with respect to securities of the reporting

issuer entered into by the eligible institutional investor, or any

joint actor, and the issuer of the securities or any other entity in

connection with any transaction or occurrence resulting in the change

in ownership or control giving rise to the report, including agreements

with respect to the acquisition, holding, disposition or voting of any

of the securities;

n/a

(g) the names of any joint actors in connection with the disclosure

required by this Appendix;

n/a

(h) if applicable, a description of any change in any material fact set

out in a previous report by the eligible institutional investor under

the early warning requirements or Part 4 in respect of the reporting

issuer's securities; and

n/a

(i) a statement that the eligible institutional investor is eligible to

file reports under Part 4 in respect of the reporting issuer.

Tradewinds Global Investors, LLC is eligible to file reports under Part

4 in respect of the reporting issuer. See additional information.

2. Additional information

It has relied on section 5.1 of National Instrument 62-103 in preparing this

report except for the business units identified in this report and for which

ownership and control of the securities has been disclosed. Common shares of

the reporting issuer owned or controlled by other business units have not

been disclosed in this report.

The filing of the report is not an admission that an entity named in this

report owns or controls any described securities or is a joint actor with

another named entity.

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