NEW YORK, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Lazare Kaplan International Inc. (AMEX:LKI - News), a manufacturer and marketer of diamonds and jewelry products, intends to release its fiscal 2008 fourth quarter and year-end results after the market close today. In conjunction with this release, the Company will hold a conference call conducted by senior management, which will be broadcast live over the Internet.

             The live Internet webcast will take place on:
                       Tuesday, September 9, 2008
                   9:30 A.M. (Eastern Daylight Time)
                         http://www.investorcalendar.com

                        Speaking from management:

                      Maurice Tempelsman, Chairman
                       Leon Tempelsman, President
                William Moryto, Chief Financial Officer

Investors may access the webcast by clicking on http://www.investorcalendar.com and searching under Lazare Kaplan's stock symbol: ``LKI''. Listeners should allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet webcast.

The online replay of the webcast will be available on the http://www.investorcalendar.com website following the call.

Lazare Kaplan International Inc. sells its diamonds and jewelry products through a worldwide distribution network. The Company is noted for its ideal cut diamonds, which it markets internationally under the brand name Lazare Diamonds(r).

          Comm-Counsellors, LLC
          Edward Nebb
          203-972-8350
          enebb@optonline.net