It is with deep sadness that Tahera Corporation reports that Mr. Hugo Dummett, a director of the Company, has passed away following a tragic automobile accident in South Africa last week.

Hugo made valuable contributions in his capacity as a director of the Company. He was recognized as one of the world's most prominent and knowledgeable diamond industry professionals. Hugo's integrity, professionalism and technical knowledge will leave a lasting impression with all who knew him. Tahera Corporation wishes to express its deepest sympathy to Hugo's family and his many friends.

To find out more about Tahera Corporation (TSX: TAH), visit our website, www.tahera.com.

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VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/cgi-bin/inquiry.cgi?OKEY=21780

For further information: Grant Ewing, Vice President Investor Relations and Corporate Development, Tel: (416) 777-1998, Fax: (416) 777-1898, Toll free: (877) 777-2004
Email: investor@tahera.com

News release via Canada NewsWire, Toronto 416-863-9350