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Tahera Diamond Corporation provides update

    TORONTO, July 4 /PRNewswire-FirstCall/ - Tahera Diamond Corporation
("Tahera" or the "Company") (TSX-TAH). As previously announced, the Company
intends to satisfy the alternative information guidelines recommended by
Ontario Securities Commission ("OSC") Policy 57-603 and Canadian Securities
Administrators Staff Notice 57-301.

    Since the previous press release of June 26, 2008, there are no new
updates to report.

    Tahera Diamond Corporation

    R. Peter Gillin - Chairman and CEO



SOURCE Tahera Diamond Corporation




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CONTACT:
Investor Relations, Tel: (416) 777-1998, Fax:
(416) 777-1898, Toll free: (877) 777-2004, Email:
investor_relations@tahera.com, Website: http://www.tahera.com