KRY Crystallex International Corp. Common Stock

CRYSTALLEX INTERNATIONAL CORPORATION (TSX: KRY)(AMEX: KRY) reported today that it has begun discussions with the Venezuelan Ministry of Basic Industry and Mines ("MIBAM") regarding the future of the Revemin Mill in El Callao, Venezuela.

Crystallex acquired the Revemin Mill in 2000 through the acquisition of the Venezuelan assets of Bolivar Goldfields. Since that time, the Company has processed ore from various mines including the Tomi Open Pits, Tomi Underground, La Victoria and certain materials from local cooperatives. The ore from the various deposits Crystallex operates in this area has been exhausted. Additionally, under contractual commitments relating to Revemin, the Company has entered into discussions with MIBAM regarding the reversion, future use and feed for the Revemin Mill.

Based on contractual obligations, and with the exhaustion of material that can be mined and processed from the deposits on Tomi and La Victoria, it is opportune for the company to discuss the future of the Revemin Mill with MIBAM and to access how this processing facility can be used for the benefit and sustainable development of the communities in the area and the people of Venezuela. These discussions are at a very early stage and it is premature to comment on decisions that could be reached.

Over the past several years Crystallex has worked closely with both MIBAM and the Ministry of the Environment ("MinAmb") on the Las Cristinas Gold Project some 200 kilometres to the south of El Callao. Recent discussions with MinAmb regarding the Las Cristinas environmental permit have been encouraging. Crystallex will begin the construction phase of Las Cristinas upon the receipt of the environmental permit.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain statements included or incorporated by reference in this news release, including information as to the future financial or operating performance of the Company, its subsidiaries and its projects, constitute forward-looking statements. The words "believe," "expect," "anticipate," "contemplate," "target," "plan," "intends," "continue," "budget," "estimate," "may," "schedule" and similar expressions identify forward-looking statements. Forward-looking statements include, among other things, statements regarding targets, estimates and assumptions in respect of gold production and prices, operating costs, results and capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Such factors include, among others, risks relating to additional funding requirements, reserve and resource estimates, gold prices, exploration, development and operating risks, illegal miners, political and foreign risk, uninsurable risks, competition, limited mining operations, production risks, environmental regulation and liability, government regulation, currency fluctuations, recent losses and write-downs and dependence on key employees. See "Risk Factors" below or in the Company's 2007 40-F/Annual Information Form. Due to risks and uncertainties, including the risks and uncertainties identified above, actual events may differ materially from current expectations. Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Forward-looking statements are made as of the date of this Management Discussion and Analysis and the Company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or results or otherwise.

Contacts: Investor Relations Contact: Crystallex International Corporation A. Richard Marshall, VP 1-800-738-1577 Email: info@crystallex.com Website: www.crystallex.com