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TheStreet Open House

Blue Nile Announces Participation In Upcoming Investor Conference

SEATTLE, Aug. 23, 2012 (GLOBE NEWSWIRE) -- Blue Nile, Inc. (Nasdaq:NILE), the leading online retailer of diamonds and fine jewelry, announced today its participation in the following investor conference, which will be available via live webcast:

2012 Citi Technology Conference
Wednesday, September 5, 2012
New York, NY
10:30 a.m. PT /1:30 p.m. ET
Presenters: Harvey Kanter, Chief Executive Officer and David Binder, Chief Financial Officer

A live audio webcast of both presentations may be accessed at http://investor.bluenile.com . Following the completion of the presentations, a recorded replay of the audio 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 www.bluenile.com , www.bluenile.ca and www.bluenile.co.uk . Blue Nile's shares are traded on the Nasdaq Stock Market LLC under the symbol NILE.

The Blue Nile, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9579

CONTACT: Blue Nile, Inc.
         Nancy Shipp, 206.388.3626 (Investors)
         nancys@bluenile.com
         
         or
         
         John Baird, 206.336.6805 (Media)
         johnb@bluenile.com

Blue Nile, Inc. Logo

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