New York, NY, February 9, 2004--Federico Castelluccio, (Furio Giunta of the award-winning HBO series, "The Sopranos") will be presenting a diamond engagement ring, compliments of Diana Classic, to one lucky couple this Valentine's Day at Sugar, (in Tribeca - 311 Church St between Walker and Lispenard, tel # 212-431-8642), Saturday, February 14th from 9pm-4am. Contestants will share their most romantic stories on falling in love at first sight (in 30 words or less) by 11 p.m. The top three most romantic stories will be chosen and judged by the audience at midnight.



In Italy, it is a tradition to get engaged on Valentine's Day. In keeping with this tradition and his heritage, Federico will play a major role in joining two people wishing to spend their lives together. Federico may play a Neapolitan enforcer on television, but deep down he is a softie and is a believer in true love and the art of romance. Asked on his reason for participating, Castelluccio commented, "I believe in love at first sight and can only imagine the wonderful stories New Yorkers will share that evening. It will most certainly be an unforgettable NY moment."



Some of Castelluccio's recent credits include: "Made" with Jon Favreau, "Fire," with Robert Klein, and "Eighteen Shades of Dust" with Danny Aiello. His television credits include the NY soaps "As the World Turns" and "The Guiding Light". Castelluccio's most recent television credits include NYPD-Blue, the HBO Comedy Special with Robert Klein, and the critically acclaimed, award-winning HBO series, "The Sopranos", where he plays the Neapolitan enforcer Furio Giunta. He's currently working on a series of paintings for an exhibit in October 2004.



Diana Classic will be providing a 1.0 carat diamond (SI quality) platinum ring to the winning couple. "No other brand is better suited to sponsor this event on Valentines' Day because, we at Diana Classic, truly believe in love and romance. As a matter of fact, just as our advertising states "We Do It All For Love". The look and feel of Diana Classic rings is incredible and the quality is unsurpassed. As long as there are people who commit to each other and fill their lives with romance, we will continue to do so," said Rebecca Foerster, Vice President of Marketing for Diana Classic.



Diana Classic rings are rendered in lasting lines of style and beauty. The extraordinary commitment to detail, coupled with legendary jewelry expertise, make these rings true foundations on which to build lifetimes of love.



Admission is $25 at the Door, Guest List is $15. For Guest List email: info@sveltevents.com or call 212-945-9696

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May 24, 2004--Israel's diamond industry reported growth in all areas of activity in April, according to statistics reported by the Israel Ministry of Industry & Trade's Diamond Controller. Net exports of polished diamonds from Israel rose 60.1% to reach $424.9 million, compared to $265.4 million in April 2003, a particularly slow month for Israeli exports due to market uncertainty caused by the war in Iraq. During the first four months of the year net polished exports grew 21%, reaching $2.148 billion, compared to $1.775 billion in 2003.



Imports of rough diamonds also increased dramatically during April, rising 41.6% to $313.8 million, compared to $221.7 million in April 2003. Since the beginning of the year rough diamond imports rose 49.2% to reach $1.617 billion, compared to $1.084 billion for the same period in 2003. Rough diamond exports from Israel rose 37.5% in April to reach $181.4 million, up from $132.0 million in April 2003. For the first four months rough diamond exports increased 54.9% to $964.4 million, up from $622.6 million for the same period in 2003.



Israel's imports of polished diamonds rose 1.4% in April 2004 to $225 million, compared to $221.9 million for the month last year. Since the beginning of the year they rose 5.5% to reach $1.016 billion, up from $962.7 million for the same period in 2003.



The major export markets for Israel's polished diamonds were the United States with 63%, Hong Kong 12%, Switzerland 8% and Belgium 7%. Since the beginning of the year exports to the U.S. rose 15%, to Hong Kong 34%, Switzerland 17%, Belgium 10% and England 39%.



Industry leaders expressed satisfaction with the results for the year to date. Simcha Lustig, Chairman of the Israel Diamond Institute (IDI), said, "The figures for the first four months of 2004 show that the year is shaping up as we expected, with a healthy rise in all areas of activity. We are looking forward to continued growth during the remainer of 2004.



Visit the israel diamonds institute offical portal at: www.diamond-il.co.il

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