ROUGH

PRODUCTION

VALUE

MINE SALES

ROUGH SALES

TO CUTTING

CENTERS

NET ROUGH

USED/AVAILABLE

FOR LOCAL

PRODUCTION

VALUE OF

POLISHED

FROM LOCAL

PRODUCTION

VALUE OF

DIAMOND

CONTENT IN

RETAIL SALES

RETAIL SALES

OF DIAMOND

JEWELRY

DIRECT MINING COST OF PRODUCTION3.89

10.068 AUSTRALIA

0.31ANGOLA

0.9CONGO

0.9NAMIBIA

0.7BOTSWANA

2.32S. AFRICA

1.05RUSSIA

1.98OTHERS

0.5CANADA

1.4

11.3 CONSISTS OF 4.0 DE BEERSOUTPUT, 0.7 FROM ALROSA

AND INVENTORIES WITHDRAWAL

DTC

5.695

11.9 OTHER ROUGHDEALERS

MANUFACTURINGSIGHTHOLDERS

DEALERSSIGHTHOLDERS

12.1 BELGIUM

0.3ISRAEL

2.4INDIA

6.5USA

0.3S. AFRICA

0.5THAILAND, CHINA & OTHERS

1.5RUSSIA

0.6

ROUGH

PRODUCTION

CIS

0.816.74

DIAMDELAND OTHERS

AMERICAS

7.94EUROPE+S. AFRICA

1.53JAPAN

1.75ASIA PACIFIC

1.93ASIA-ARABIA

1.74OTHERS

1.7916.07

AMERICAS

31.09EUROPE+S. AFRICA

8.05JAPAN

8.75ASIA PACIFIC

3.86ASIA-ARABIA

3.71OTHERS

5.1260.58

2004

DIAMOND PIPELINE

2004

DIAMOND PIPELINE(IN US$ BILLION)SP

EC

IAL

IDEXIDEXwww.idexonline.com

I N T E R N A T I O N A L D I A M O N D E X C H A N G E

INDEPENDENTPRODUCERS

6.2CONTRACTEDPRODUCERS

5.1(Including inventories withdrawals)

THAILAND, CHINA &

OTHERS 2.5BELGIUM

0.37ISRAEL

2.77INDIA

9.3USA

0.4S. AFRICA

0.6

INVENTORY OVERHANG ON THE DOWNSTREAM CUTTING CENTER AND WHOLESALE LEVELS > $1.0 BILLION EXCESS