Holding(s) in Company

Global Coal Management PLC
21 March 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 20 March 2007 that RAB Special Situations (Master)
Fund Ltd and its subsidiary companies have an interest in the shares of the
Company resulting in a total holding of 9,379,511 Ordinary Shares of 10p each in
the Company.  This represents 19.23% of the issued share capital of the Company.


21 March 2007




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