Aber Diamond completes purchase of majority interest in Harry Winston

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Press Release – 04/02/2004

Aber Diamond Corporation ("Aber" or the "Company") (TSX-ABZ, Nasdaq-ABER), the premier publicly traded diamond company, Harry Winston Inc. ("Harry Winston"), one of the world's leading luxury jewellery and watch retailers, and Fenway Partners, Inc., a New York-based private investment firm, today announced that Aber has acquired a 51% controlling interest in Harry Winston.

"This is a great day in the 70 year history of Harry Winston", said Mr. Ronald Winston, Chairman of Harry Winston Inc. "Aber's investment in our company and the relationships it brings will allow us to expand into new markets, and introduce new product offerings. It fulfills my father's dream of creating a company that extends from the mine to the finished jewel."

Aber was advised by Rothschild Inc. and Fenway Partners, Inc. was advised by Michel Dyens & Co.

Michel Dyens