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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Arbitration

I think donwys is referring to references in their MD&A like the following. We've debated this before so we don't need to go down this road too far. Some believe they can amend laws to try and screw KRY and others do not. To each his own. But KRY felt it was enough of a risk to disclose it.

Proposed Amendments to Mining Laws

The Company’s business may be affected by amendments or changes to mining laws, regulations and requirements in Venezuela. At any time, a number of draft mining laws may be proposed. It is not possible to predict when or if a draft mining bill will be enacted into law or what the final provisions of such law will be, if enacted. It is possible that the Government of Venezuela will issue further decrees or otherwise attempt to modify existing mining rights or other laws affecting the Company, its Venezuelan properties and its ability to operate in

Venezuela. Any changes to current Venezuelan mining law may adversely affect the Company’s ability to develop and operate the Company’s Venezuelan properties.

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