The use of the else clause is better than adding additional code to the try clause because it avoids accidentally catching an exception that wasn't raised by the code being protected by the try ... except statement.

When an exception occurs, it may have an associated value, also known as the exception's argument. The presence and type of the argument depend on the exception type.

The except clause may specify a variable after the exception name (or tuple). The variable is bound to an exception instance with the arguments stored in instance.args. For convenience, the exception instance defines __str__() so the arguments can be printed directly without having to reference .args.

One may also instantiate an exception first before raising it and add any attributes to it as desired.