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TAH.TO: 0.00  +0.00

Tahera Corporation's President and CEO Resigns

10/10/2003


Mr. Joseph Gutnick has resigned as President, CEO, Chairman and Director of Tahera Corporation to pursue other business interests. Mr. David Tyrwhitt and Mr. Stephan Meyer, two other Australian based directors, have also resigned from Tahera’s Board.

Tahera would like to thank all of the above directors for their contributions to the Company.

Tahera will announce new management and board appointments in due course.

About Tahera Corporation
Tahera Corporation (www.tahera.com), a unique Canadian diamond Company, is focused on developing its wholly-owned Jericho Diamond Project as CANADA'S NEXT and NUNAVUT'S FIRST DIAMOND MINE. Tahera has several other prospective diamond projects in Canada's prolific Slave Craton. The common shares of the Company trade on the TSX under the symbol 'TAH'.

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