Crystallex Issues Update on Trading Halt; NYSE AMEX Believes Crystallex Is No Longer Operating Company

Crystallex International Corporation KRY has been advised by the NYSE Amex that trading in its common shares has been halted by the NYSE Amex based upon its determination that the Company no longer meets the qualitative standards for continued listing because NYSE Amex believes at this time that the Company is no longer an operating Company. The Company expects to receive a letter from the NYSE Amex today as an initial step to begin a delisting process. The Company intends to appeal this determination and if necessary request a hearing before an NYSE Amex listings qualifications panel.