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Solitaire - - SPOTLIGHT -

An­drey Zharkov,

(Re­spond­ing to a ques­tion from an an­a­lyst dur­ing a con­fer­ence call about whether de­mon­eti­sa­tion would im­pact di­amond de­mand from In­dia, Al­rosa CEO An­drey Zharkov noted that the move may neg­a­tively af­fect de­mand for smaller goods). Yes, we do ex­pect some im­pact on de­mand in the short term, on the horizon of 3-5 months. There is a mon­e­tary re­form go­ing on in In­dia and we ex­pect that it will af­fect the cheaper-priced cat­e­gories that are pol­ished and then sold in In­dia.

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