Holding(s) in Company

Global Coal Management PLC
26 February 2007

                   Global Coal Management plc ('the Company')
                      
                      Notification of significant holding


Under sections 198 to 202 of the Companies Act 1985 (the 'Act') and rule 15 of
the AIM Rules the following information falls to be disclosed:

The Company was notified on 26th February 2007 that Ospraie Management, LLC
acquired an interest in the shares of the Company resulting in a total holding
of 1,646,436 Ordinary Shares of 10p each in the Company. This represents 3.38%
of the issued share capital of the Company.


26 February 2007




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