NEW YORK, NEW YORK, Nov. 1 /CNW/ - Aber Diamond Corporation (TSX:ABZ,
NASDAQ: ABER) today announced that the New York Stock Exchange (NYSE) has
approved Aber's application to list its common stock on NYSE under the new
name Harry Winston Diamond Corporation. The company anticipates that, subject
to listing compliance requirements, its common stock will begin trading on the
NYSE under the new symbol "HWD" on November 19, 2007. Until that date, the
company's shares will continue to trade on NASDAQ under the symbol "ABER."
Harry Winston Diamond Corporation also will continue to trade on the
Toronto Stock Exchange under the new ticker symbol "HW." Trading in the
company's common stock on the Toronto Stock Exchange under "ABZ" will cease at
the close of market on Friday, November 16, 2007.
Robert Gannicott, Chairman and Chief Executive Officer of Aber Diamond
Corporation, said, "Re-branding our enterprise to Harry Winston Diamond
Corporation and listing on the New York Stock Exchange are important steps in
positioning our unique company. As the only diamond company in the world that
pairs rough diamond expertise with more than 100 years of fine jewelry
experience in luxury retail, it is appropriate that our unparalleled brand is
associated with this prestigious U.S. exchange."
"The Exchange is privileged to welcome Harry Winston Diamond Corporation,
a leading luxury brand and the world's largest publicly traded diamond
company, to our family of companies listed on the NYSE," said John A. Thain,
Chief Executive Officer of NYSE Euronext. "We look forward to providing Harry
Winston with the superior services, liquidity and brand visibility associated
with listing on the NYSE."
About Aber/Harry Winston
The company is a specialist diamond enterprise with assets in the mining
and retail segments of the diamond industry. The company supplies rough
diamonds to the global market from its 40% interest in the Diavik Diamond
Mine, located at Lac de Gras in Canada's Northwest Territories. The company's
retail division, Harry Winston, Inc., is a premier jewelry and timepiece
retailer with salons in key locations including New York, Paris, London,
Beijing, Tokyo and Beverly Hills.
Information in this news release that is not current or historical
factual information may constitute forward-looking information or statements
within the meaning of applicable securities laws. Readers are cautioned that
actual results are subject to a number of risks and uncertainties, including
risks relating to general economic conditions and mining and retail
operations, and could differ materially from what is currently expected. The
company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
For further information:
For further information: Nancy Murray, Vice President of Investor
Relations and Corporate Communications, (212) 245-2000,