Toronto (November 14, 2012) — Harry Winston Diamond Corporation, a diamond mining and luxury goods retailer, has agreed to purchase from BHP Billiton Canada Inc. an 80 per cent interest in the Ekati Diamond Mine as well as the associated diamond sorting and sales facilities in Yellowknife, Northwest Territories and Antwerp, Belgium. Borden Ladner Gervais LLP (BLG) represented Harry Winston in the transaction process, which resulted in an agreed purchase price of US$500 million, subject to adjustments in accordance with the terms of the share purchase agreements. The closing is targeted for March 2013.

The BLG team representing Harry Winston included Mark Wheeler, Paul Mingay and Bekhzod Adburazzakov (mergers and acquisitions), Steve Suarez (tax), Adam Chamberlain (aboriginal and environmental law), Colin MacDonald (anti-trust law), Andrew Harrison and Lisa Cabel (employment and pension benefits) and Jim Douglas (litigation).

About Borden Ladner Gervais LLP

Borden Ladner Gervais LLP (BLG) is a pre-eminent full-service, national law firm focusing on business law, commercial litigation and intellectual property solutions for our clients. With more than 750 lawyers, intellectual property agents and other professionals in six Canadian cities, BLG assists clients with their legal needs, from major litigation to financing and patent registration. For further information, visit blg.com

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For more information or to set-up an interview, please contact:

Alison Reed
Borden Ladner Gervais LLP
areed@blg.com
416.367.6094