Element Six Announces Departure of CEO, Cyrus Jilla

             Element Six Announces Departure of CEO, Cyrus Jilla

PR Newswire

LONDON, January 23, 2013

LONDON, January 23, 2013 /PRNewswire/ --

Element Six today announced that Cyrus Jilla has decided to step down as the
company's CEO, and as member of the Board of Element Six and De Beers Group
Executive Committee.

Philippe Mellier, CEO, De Beers Group and Chairman, Element Six, said, "During
his tenure, Cyrus led a restructuring of Element Six, resulting in a renewed
focus on innovation, stronger operating performance, and notably a greatly
improved safety record. As Element Six has established a strong platform for a
new phase of growth, now is a natural time for Cyrus to hand over leadership.
The Board and I are very grateful to Cyrus for his complete commitment to the
business, and we wish him all the best in the next stage of his career".

Since joining Element Six as CEO in 2008, Mr Jilla has been instrumental in
instituting positive change throughout the company. He built enduring
partnerships with strategic customers and focused on the development of
extreme performance supermaterials, through innovation.

Element Six is the undisputed leader of the industrial synthetic diamond
business. The growth potential for Element Six remains substantial as Element
Six synthetic diamond products continue to substitute traditional materials in
abrasive applications, and enable entirely new technologies and applications
exploiting synthetic diamond's electronic, thermal, optical and chemical
properties. Combined with a strong platform based on its world-leading R&D and
IP, its manufacturing excellence, and the highest quality and service
standards in its industry, Element Six is well positioned to take advantage of
these opportunities.

The search for the new CEO is already underway and an announcement will be
made in the near future. Mr Jilla will remain in his position until a
successor is appointed.

Notes to Editors:

About Element Six

Element Six (http://www.e6.com) is a synthetic diamond supermaterials company.
Element Six is a member of the De Beers Group of Companies, its majority
shareholder. Element Six designs, develops and produces synthetic diamond
supermaterials, and operates worldwide with its head office registered in
Luxembourg, and primary manufacturing facilities in China, Germany, Ireland,
Sweden, South Africa, US and the UK.

Element Six supermaterial solutions are used in applications such as cutting,
grinding, drilling, shearing and polishing, while the extreme properties of
synthetic diamond beyond hardness are already opening up new applications in a
wide array of industries such as optics, power transmission, water treatment,
semi-conductors and sensors.

SOURCE Element Six

Contact: Further information: For further information, please contact: Andrew
Basham, Head of Group Marketing, Email: andrew.basham@e6.com, Telephone:
+44(0)20-8742-4917
 
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