{{TanzaniteOne Ltd}}. (AIM TNZ) has announced the appointment of its first Sightholders and roll out of its plans in accordance with its Preferred Supply Strategy, introduced for the trade. TanzaniteOne is the world's leading supplier of the rare gemstone tanzanite, which it mines and markets. The Company was listed on the London Stock Exchange in August 2004.%%Preferential Supply:%%"The Preferred Supply Strategy, which is a world first in the colored gemstones industry, aims to grow the global market for tanzanite through strategic collaborative relationships with exclusive customers, 'Sightholders', selected from the world's leading gemstone houses and jewellery manufacturers" said President and Chief Operating Officer, Ian Harebottle, "Sightholders have been chosen for their focus on tanzanite, ability to make along-term commitment, distribution capabilities, understanding of the need for vertical integration and most importantly their operational standards of integrity and therefore, their belief in and commitment to supporting an ethical route to market and growth of the market as a whole."

Parcels of Graded Goods:%%TanzaniteOne has committed to supply six parcels per year to each of its Sightholders for a three year period. At each sale, or 'Sight', Sightholders will receive parcels of rough tanzanite that have been graded according to an exhaustive rough tanzanite grading system, developed by TanzaniteOne, which includes a total of 896 grades. These parcels are then individually priced according to the grade, at the market related price. Parcels are made up specifically for the individual Sightholder and as such Sightholders are given one allotment to view prior to purchase. The system has been put in place specifically to assure Sightholders of a consistent supply of rough tanzanite - a significant commercial comfort in an industry that had a history of erratic supply and consequently, volatile prices.%%Power of Partnering:%%"{{TanzaniteOne}} believes firmly in the power of partnering with its customers," says {{Candice Nunn}}, President of TanzaniteOne Marketing Ltd., the rough marketing arm of the TanzaniteOne Group, "The basis of these partnerships is transparency and consistency; two elements that will flow through to the broader tanzanite industry and which are critical to both the partnership's and the industry's continued success."

The Chosen Six:%%TanzaniteOne has initially appointed six Sightholders, with plans to increase this number in the medium term.%%These initial six Sightholders are listed below:%% 1. Color Jewels Inc., U.S.A.$$ 2. K.L. Tambi & Co., Jaipur (India)$$ 3. Rare Multicolor Gems, New York$$ 4. STS Jewels, U.S.A.$$ 5. Tanzanite International, Maxico$$ 6. The Tanzanite Company, Europe.