/C O R R E C T I O N/ True North Gems announces classification of True Blue beryl discovery in the Yukon Vancouver, British Columbia, October 28 /PRNewswire/ -- In the news release, 'True North Gems announces classification of True Blue beryl discovery in the Yukon,' issued earlier today by True North Gems over PR Newswire, we are advised that the telephone numbers for the conference call replay should read: "To hear the replay, dial +1 416-695-5800 or dial toll-free at 1-800-408-3053." Complete, corrected release is below. SOURCE: True North Gems Inc -Members of the investment community and media are invited to participate in a conference call and press conference concerning the results of True North Gems' rare beryl discovery in the Yukon. Please join company chairman & CEO Andrew Smith, president & COO Bernie Gaboury, Professor of Earth & Ocean Sciences, Lee Groat and president of Archer Cathro & Associates, Bill Wengzynowski as they address the findings and evaluation of this major gemstone discovery in the Canadian Yukon. The conference call and webcast will take place at 1:30 pm Eastern Time, 10:30 am Pacific Time on Tuesday, October 28, 2003. The press conference will be held at The Fairmont Hotel Vancouver in the Cortez Island Room. Who: True North Gems Inc. What: Results of rare True Blue beryl discovery in the Yukon When: Tuesday, October 28, 2003 1:30 pm Eastern Time (10:30 am Pacific Time) Where: Fairmont Hotel Vancouver - Cortez Island Room Vancouver, B.C. Speakers: Andrew Smith - Chairman and CEO, True North Gems Inc. Bernie Gaboury -President and COO, True North Gems Dr. Lee Groat - Professor, Earth & Ocean Sciences Bill Wengzynowski -President, Archer Cathro & Associates How: Participants may join the call by dialing +1 416-695-5806 or dial toll-free at +1-800-273-9672 five minutes prior to 1:30 pm Eastern Time (10:30 am Pacific Time) The call will be available at any time for replay for one week until November 4, 2003. To hear the replay, dial +1 416-695-5800 or dial toll-free at +1-800-408-3053. The passcode for this replay is 1492001. To listen and watch the webcast, please enter: http://www.newswire.ca/webcast/viewEventCNW.html?eventID=668800 in your web browser. True North Gems is a public company, listed on the TSX-Venture Exchange and is engaged in the exploration and development of North American gemstone deposits. The company is a pioneer in Canadian emerald exploration and owns a 100 percent interest in the Yukon-based Regal Ridge property and in the Ontario-based Ghost Lake property. Regal Ridge and Ghost Lake host the only two confirmed emerald deposits in Canada. DATASOURCE: True North Gems Inc. For further information: Ken Shortt, Investor Relations, +1-800-399-8055,

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