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10/15/04 11:44 AM

#31 RE: Ed Monton #29

Tyhee Development clarifies RAB subscription agreement


Tyhee Development Corp (TSX-V:TDC)
Shares Issued 31,578,507
Last Close 10/14/2004 $0.33
Friday October 15 2004 - News Release

Mr. Dave Webb reports

TYHEE CLARIFIES NEWS RELEASE BY RAB SPECIAL SITUATIONS LP

Tyhee Development Corp. has clarified a news release in Stockwatch issued by RAB Special Situations LP dated Oct. 14, 2004, in which it announced that it had entered into a subscription agreement with Tyhee Development Corp. Tyhee believes this release relates to a prior private placement, announced in Stockwatch on June 18, 2004, that closed on June 30, 2004. Tyhee has not entered into any new subscription agreement with any party.