TORONTO, ONTARIO - Crystallex International Corporation (TSX, AMEX: KRY) announced today that it has retained Deutsche Bank Securities, Inc. to provide advisory services in connection with the arrangement of debt financing for the development of Crystallex's Las Cristinas Project.

Commenting on the appointment Marc J. Oppenheimer, President and CEO of Crystallex said, "Deutsche Bank has extensive experience and an established track record in advising on and assisting in mine financings. As a result of its experience, Deutsche Bank has an intimate understanding of the issues affecting the financing and development of new mining ventures, particularly in the gold sector."

About Crystallex:
Crystallex International Corporation is a Canadian based gold producer with operations and exploration properties in Venezuela and Uruguay. Crystallex shares are traded on the TSX and AMEX Exchanges. Crystallex has been focused on strategic growth in South America and recently signed a definitive agreement with respect to the Las Cristinas mining properties in Venezuela and has taken possession of those properties. Crystallex is currently working on the final feasibility study to support its development plans for Las Cristinas.

For Further Information:
Investor RelationsContact: A. Richard Marshall, VP at (800) 738-1577
Visit us on the Internet:  http://www.crystallex.com
Email us at: info@crystallex.com

Note: This news release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange Act of 1934, as amended.  All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Crystallex, are forward-looking statements that involve various risks and uncertainties.  There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.  Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the Toronto Stock Exchange, the United States Securities and Exchange Commission 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 new release.