NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR:  DANIER LEATHER INC.

TSX SYMBOL:  DL

FEBRUARY 23, 2004 - 08:00 ET

Danier Leather Announces Management Change

TORONTO, ONTARIO--Danier Leather (TSX:DL) announced today that 
Daniel Soper, Executive Vice President and Chief Operating 
Officer, has resigned to pursue other opportunities. Jeffrey 
Wortsman, President and Chief Executive Officer, will re-assume 
responsibility for store operations, marketing, logistics, 
distribution and direct sales. 

"Daniel has been a valued member of the team and we thank him for 
his dedication and contributions to the company over the last two 
years. We also wish him the very best in his future endeavours," 
said Mr. Wortsman.  

About Danier 

Danier Leather Inc. is a leading integrated designer, 
manufacturer, and retailer of high-quality leather and suede 
clothing and accessories. The Company's merchandise is marketed 
exclusively under the well-known Danier brand name and is 
available only at its 102 shopping mall, street-front, and power 
centre stores, or through its corporate sales division and online 
through its website, www.danier.com. 

Note: This press release may contain forward-looking statements 
that involve risks, estimates, and uncertainties. Therefore, 
actual results may differ materially. Examples of such risks and 
uncertainties include those associated with product sales, demand 
for Danier's products, availability of raw materials, foreign 
sourcing and manufacturing, continued growth of the leather 
apparel industry, and competition and other associated risks with 
Danier's business. For an expanded discussion of such risks and 
uncertainties, please see the documents filed by Danier Leather 
Inc. with the Ontario Securities Commission and the Toronto Stock 
Exchange. Danier disclaims any responsibility to update or revise 
such forward-looking statements whether as a result of new 
information, future events or otherwise.

FOR FURTHER INFORMATION PLEASE CONTACT:
Danier Leather Inc.
Jeffrey Wortsman
President and Chief Executive Officer
(416) 762-8175 ext. 302
(416) 762-7408 (FAX)
Email:leather@danier.com

or

Danier Leather Inc.
Bryan Tatoff
Senior Vice-President and Chief Financial Officer
(416) 762-8175 ext. 328
(416) 762-6072 (FAX)
Email:bryan@danier.com