Blue Nile to Present at the Citigroup Small and Midcap Conference

SEATTLE, March 11 /PRNewswire-FirstCall/ -- Blue Nile, Inc. NASDAQ: NILE, the leading online retailer of diamonds and fine jewelry, today announced that Diane Irvine, President and Chief Executive Officer, will present at the Citigroup Fifth Annual Small and Midcap Conference in Las Vegas at the Four Seasons Hotel on March 18, 2008 at 8:05 a.m. Pacific Time.

A live webcast of the presentation may be accessed at http://investor.bluenile.com. Following the completion of the presentation, a recorded replay of the webcast will be available for 30 days at the same Internet address.

About Blue Nile, Inc.

Blue Nile, Inc. is the leading online retailer of diamonds and fine jewelry. The Company delivers the ultimate customer experience, providing consumers with a superior way to buy engagement rings, wedding rings and fine jewelry. Blue Nile offers in-depth educational materials and unique online tools that place consumers in control of the jewelry shopping process. The Company has some of the highest quality standards in the industry and offers thousands of independently certified diamonds and fine jewelry at prices significantly below traditional retail. Blue Nile can be found online at http://www.bluenile.com, http://www.bluenile.ca and http://www.bluenile.co.uk. Blue Nile's shares are traded on the Nasdaq Stock Market LLC under the symbol NILE.