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News Release
Contact: Christopher Spencer, 818.567.4000 or christopher@spencercompany.com
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Kamofie and Co. Will Auction off the Lindsay Lohan Case Necklace to Benefit Charity

Venice, California - March 9, 2011 - Geoff and Sofia Kaman, the owners of Kamofie and Company, the store where Lindsay Lohan is accused of stealing a stunning designer diamond necklace, have decided to auction the necklace off and donate the entire proceeds to charity.

“The extensive media coverage of this case has been surprising, to say the least, and we are disappointed and upset by the various articles which have challenged our integrity. We have already publicly released the videotape which speaks for itself and accurately records the incident, and we believe the next step toward achieving closure is to donate the now-famous jewelry to charity. Thus, we have decided to sell the diamond necklace through auction, and give the proceeds to charity.”

“We invite the public to make suggestions as to the most appropriate charity to receive the benefit of the sale’s proceeds. Please visit the website www.necklacevideo.com to register any suggestions, and we will carefully consider all comments in making our decision about the appropriate charity. Suggestions may also be emailed to charity@necklacevideo.com.”

Many people said it would be acceptable to go ahead and sell the necklace through the store, but “Sofia Kaman would rather the money go to help an appropriate charity, since at least that way some good can result from this incident,” reports Christopher Spencer, the company’s spokesman.

Spencer notes that since the necklace is currently being held as evidence by the Los Angeles District Attorney, the actual auction probably cannot take place until after the criminal case is resolved by plea bargain or trial or some other means, but the Kamans hope the fame which has attached to this beautiful piece of jewelry will help boost the auction price of this historic necklace and thereby benefit charity.

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