On February 26-28, 2003, V. Shtyrov, President of Sakha (Yakutia) and First Deputy Chairman of the ALROSA Supervisory Council, and V. Kalitin, ALROSA President, will make a working trip to London to meet with De Beers senior management.

The talks will focus on further cooperation between ALROSA and De Beers in the framework of the De Beers new marketing strategy.

Prospects of the development of ARCOS Ltd. will also be studied in the course of the visit.