Whitehall Jewelers Holdings, a leading national specialty retailer of fine jewelry, today reported financial results for the fiscal third quarter and nine months ended November 3, 2007. For the fiscal 2007 third quarter, net loss decreased 23% to $16.4 million, or $0.41 per share, from $21.8 million, or $0.86 per share, in the third quarter of 2006. The narrowed net loss was primarily attributable to lower selling, general and administrative expenses, including professional fees and lower interest expense, as well as initial improvements in operating efficiencies implemented by a new management team.

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