BUG #4087: table creation problem using python

The following bug has been logged online:

Bug reference: 4087
Logged by: jitendra
Email address: teri(dot)jitendra(at)gmail(dot)com
PostgreSQL version: 8.1.4
Operating system: rhel 5
Description: table creation problem using python
Details:

hi,
I'm jitendra from delhi(India),I've a problem with table creation using
python....script executed but there's nothing happened.
the program written in python is...

import psycopg2

try:
print "Waiting for Connection........."
conn = psycopg2.connect("dbname='jitu' user='postgres'
host='localhost' password=''")
print "connection established........"
except:
print "I am unable to connect to the database"
try:
print "trying to execute query....."

cur = conn.cursor()

cur.execute("create table ph2 (nm varchar, ph varchar)")

print "table created....."

except:
print "Sorry, unable to create table....."
try:
cur.close ()
conn.close ()
print "connection closed..."
except:
"problem........."

It runs without any error but when I'm trying to see table ...such as..
"select * from tablename"..it flashes an error..
error:relaton ph2 does not not exit.

plz..help me...