United Way Receives Glitzy Gift from Spence Diamonds

Canadian diamond retailer donates $78, 000 worth of diamond jewelry to United Way of the Lower Mainland, as part of their continued commitment to local charities.

Vancouver, Canada, October 19, 2007 --(PR.com)-- This week, the United Way of the Lower Mainland received a particularly generous and decadent gift from Canadian diamond retailer Spence Diamonds.
Craig Ikeda, Director of Major Gifts and Personal Philanthropy for the United Way of the Lower Mainland was surprised to discover a donation of $78, 000 worth of diamond jewelry at the company’s head office in Vancouver. The jewels themselves will be sold by auction, and the funds will be used to fund various children programs in the Vancouver area.

“Spence Diamonds is very proud to support United Way,” said Sean Jones, President of Spence Diamonds. “We have always been supporters of causes that benefit children, and this is one exciting way that we know will always help to generate a lot of funds for those programs.”

Spence Diamonds’ employees themselves choose which charities receive donations each year. As a result, the diamond retail chain donates gifts to causes in each of the cities where Spence Diamonds’ stores exist. Earlier this year, Spence Diamonds presented gifts to The Stollery Children’s Hospital Foundation in Edmonton, Alberta Children’s Hospital in Calgary, the Children’s Wish Foundation in Toronto, the C.H.I.L.D foundation in Langley and the B.C Lions Foundation in Vancouver.

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About United Way:
The United Way of the Lower Mainland has more than a 70-year history of helping people help themselves in the Lower Mainland. Today United Way plays a leadership role in bringing together the resources to care for the social service needs of the community. They support the delivery of more than 400 programs and services that help people find their way. United Way of the Lower Mainland has one of the lowest net fundraising costs in the country - 11 cents for each dollar raised. This is well below the Canadian average of 26 cents* for each dollar raised. ( Source: Canadian Centre for Philanthropy/Canada West Foundation 1996 survey of 1516 charities.)

About Spence Diamonds:
Canada’s premier diamond retailer, Spence Diamonds was founded in 1978 and has retail locations across Canada in Vancouver, Calgary, Edmonton and Toronto. Spence Diamonds’ unique approach to business allows its customers to freely try on thousands of different ring designs from their open jewelry showcases, in a relaxed and non-intimidating environment. Through the company’s high degree of vertical integration, Spence Diamonds is proud to offer its customers the best possible value and the industry’s most
comprehensive guarantee. Spence Diamonds, Canada’s largest Canadian-owned diamond specialist can be found on the web at www.spencediamonds.com.
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Spence Diamonds
Michael Scott
604-734-3912
www.spencediamonds.com
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