Rapaport Press Release
June 5, 2007, Las Vegas - The Rapaport Group is pleased to announce the launch of the Rapaport Broadcast Network (RBN) providing video news and feature presentations about the diamond, gem and jewelry industry. This is the first and only service to offer regular weekly news broadcasts and is available at www.diamonds.net.

The service will include coverage of breaking news, market reports and analysis, financial results, mining production, special reports, and regular commentary from Martin Rapaport. Veteran journalist and anchorman, Jeff Miller, will produce and direct the program.

“Our groundbreaking video news service will revolutionize the way jewelry industry information is communicated. Multimedia is the wave of the future and this is our first step in a comprehensive program to deliver the best information to our industry. This launch confirms our role as leading innovators in the diamond, gem and jewelry industry,” said Martin Rapaport, Chairman of the Rapaport Group.

The new Rapaport Broadcast Network is part of a comprehensive package of information services provided by the Rapaport Group. Additional products include the Rapaport diamond price list, Rapaport Diamond Report, Rapaport News at Diamonds.net, and the Rapaport weekly TradeWire broadcast to over 45,000 members of the international jewelry industry.

The Rapaport Group The Rapaport Group is an international network of companies committed to providing added value services that support the development of free, fair and competitive global diamond markets. Group activities include publishing, internet information and trading networks, rough and polished diamond trading services, international buying, quality-control and compliance services, shipping and financing services and research and marketing services.

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