SECOND-HALF FORECAST: More Promotions and platinum Sales & Profits Expectations for results of the second half of 1997 compared with 1996. Sales Profits Increase 67% 59% Decrease 22% 15% No change 11% 26% Source: JCK Retail Jewelers Pane Buying Plans The figures represent the percentage of respondents who plan to change their product mix for the second half of 1997 compared with the same period of 1996. Buy more Buy less Platinum jewelry 54% 9% Loose diamonds 52% 13%

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