Holding(s) in Company

Global Coal Management PLC
03 September 2007

                           Global Coal Management plc
                                ('the Company')

                      Notification of significant holding

Under the FSA Disclosure and Transparency rules DTR 5, the following information
falls to be disclosed:

The Company was notified on 31 August 2007 that Argos Greater Europe Fund has an
interest in the shares of the Company resulting in a total holding of 1,490,000
Ordinary Shares in the Company.  This represents 3.05% of the issued share
capital of the Company.

31 August 2007


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