KRY Crystallex International Corp. Common Stock

TORONTO, Oct. 14 /PRNewswire/ -- Crystallex International Corporation (AMEX:KRY) Toronto announced today that Dr. Ken Thomas has resigned as the EVP Operations and Chief Operating Officer of the Company, effective November 8, 2005 and will be taking up a senior management position with a major international engineering and construction company. Barney Burke, who previously managed the day to day aspects of the Las Cristinas project as Corporate Manager: Projects has been promoted to Vice President Engineering and Construction to spearhead the construction. Dr. Sadek El Alfy, Vice President Operations, and John Binns, Vice President Environment, will be responsible for the mining and the environmental portions, respectively, of the Las Cristinas project and the current SNC Lavalin EPCM project team will continue in their critical role under Barney Burke. Todd Bruce, President and CEO of Crystallex commented, "Ken has been instrumental in the development to date of the Company's Las Cristinas project located in Venezuela. He has overseen the assembly of an outstanding development team, and is largely responsible for putting Crystallex in a position to proceed immediately with full-scale development once our final permit is received. Through his contribution to our feasibility analysis, his invaluable contribution in the technical aspects of the permitting process to date and his work with our EPCM contractor, Ken has created a solid foundation for the development, construction and operation of the Las Cristinas project. We wish Ken all the best in his new endeavors." About Crystallex Crystallex International Corporation is a Canadian gold producer with operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in the first quarter of 2007 at an initial annualized rate of some 300,000 ounces. Other assets include the Tomi Mine and the Revemin Mill. Crystallex shares are traded on the TSX (symbol: KRY) and AMEX (symbol: KRY) and Crystallex is part of the S&P/TSX Composite Index. NOTE: This Release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Crystallex, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward- looking statements are subject to a variety of risks and uncertainties, which could cause actual events, or results to differ from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Specific reference is made to "Narrative Description of the Business - Risk Factors" in the Company's Annual Information Form ("AIF"). Forward-looking statements in this release including, without limitation to, statements regarding the expectations and beliefs of management include the following: gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the section entitled "Risk Factors" in Crystallex's AIF, annual report, and elsewhere in documents filed from time to time with the Canadian provincial securities regulators, the United States Securities and Exchange Commission ("SEC"), and other regulatory authorities. The Toronto Stock Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release. DATASOURCE: Crystallex International Corporation CONTACT: Richard Marshall, VP of Crystallex International Corporation, +1-800-738-1577, or +1-416-203-2448, or Web site: http://www.crystallex.com/ Company News On-Call: http://www.prnewswire.com/comp/114620.html

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