TORONTO, Aug. 1 /CNW/ - Tahera Diamond Corporation (TSX-TAH) ("Tahera" or the "Company").

As previously announced, the Company provides its bi-weekly report under the alternative information guidelines recommended by Ontario Securities Commission ("OSC") Policy 57-603 and Canadian Securities Administrators Staff Notice 57-301.

There are no new developments to report since Tahera's press release of July 18, 2008.

Tahera Diamond Corporation

R. Peter Gillin - Chairman and CEO

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