Rapaport Press Release

RAPAPORT... PRESS RELEASE, November 6, 2012, New York: RAPNET, The Rapaport Diamond Trading Network, is pleased to announce it has added Japanese to its multi-lingual website. RAPNET is the first global diamond trading network to provide Japanese speakers access to the local and international market in their own language. This innovative step will assist the Japanese diamond trading community in utilizing RAPNET to its full potential and maximize their trading activity.

The RAPNET professional diamond trading community has over 7,700 corporate members from 80 countries with daily diamond listings of over 970,000 diamonds valued at $6.1 billion.

RAPNET's chief operating officer, Saville Stern, said, “We are pleased to be able to offer RAPNET in Japanese for the benefit our Japan based member companies trading on RAPNET.  We have added support for CGL certificates to support the local Japanese market. We pride ourselves in being responsive to our members’ needs and our ability to offer services and features that make diamond trading easier and more profitable.”

Rapaport Media Contacts: Hong Kong: Haruko Furuta +852- 28052620
<> International: Shira Topiol +1-702-425-9088

About RAPNET – the Rapaport Diamond Trading Network is an online network accommodating the transaction needs of over seven thousand diamond industry professionals in over 80 countries. RapNet is the world's largest, most secure business-to-business diamond trading network. Buyers and sellers meet and communicate in a virtual, broker free community.

About the Rapaport Group: The Rapaport Group is an international network of companies providing added value services that support the development of free, fair, transparent, efficient and competitive diamond markets. Established in 1978, the Rapaport Diamond Report is the primary source of diamond prices and market information. Group activities include publishing, research and marketing services, internet information and diamond trading networks, global rough and polished diamond tenders, diamond certification, international clearing house services and fair trade development. Major activities of the group include the development of markets for Fair Trade Diamonds and Jewelry as well as the creation of diamond futures markets. Additional information is available at www.Rapaport.com

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