Gowling WLG (Canada) LLP is a global law firm, with expertise in commercial litigation and insolvency matters.

Gowlings is legal counsel to an Ad Hoc Committee of shareholders of Crystallex International Corporation (the "Committee") in the ongoing CCAA proceeding in Toronto, Canada. More information on the proceeding can be found on the Crystallex Website here.

Gowlings' mandate is to act on the instructions of the Committee to represent the interests of the Committee members and shareholders who opt in to be represented by the Committee (the "Opt Ins"). This includes:

• assisting the Committee to maximize the financial interest of Opt Ins in the arbitration award arising from the arbitration between Crystallex and the Bolivarian Republic of Venezuela;
• informing and advising the Committee with respect to their rights and interests in the CCAA proceeding and in any related proceeding;
• engaging in negotiations with the Monitor and other stakeholders; and
• contributing to the efficiency of the proceedings by being the single point of contact between the Committee, the Monitor, and other stakeholders.

If you are a current shareholder of Crystallex and are interested in becoming an Opt In, please contact David Cohen, Cliff Prophet or Nick Kluge.

The Committee wishes shareholders to take note of important information which may be relevant to their decision as to whether to seek to become an Opt In represented by the Committee:

1. While it is possible that a shareholder who is NOT an Opt In may derive benefit from the efforts of the Committee and GWLG, neither the Committee nor GWLG represent such shareholders and they owe no duties to such shareholders.
   
   Specifically, the Committee need only consider the interests of the Opt Ins. For example, in representing the Opt Ins the Committee must consider and may choose to accept any settlement offer proposed to the Committee where such an offer includes benefits only for the Opt Ins, excluding other shareholders.


2. Gowling takes instructions from the Committee only. In the normal course, Opt Ins may contact the Committee to raise issues and concerns and the Committee will consult with Gowlings as the Committee deems appropriate.


3. Opt Ins are prohibited from acting in any manner that impairs or otherwise interferes with the Committee executing its mandate. If the Committee deems an Opt In to be acting in such a manner, the Committee may cause that Opt In to cease to be represented. http://ca.gowlingwlg.com/crystallex/