Press Release

Global Coal Management PLC
25 July 2007

Global Coal Management Plc


                             Investment in CCEC Ltd


Following announcement RNS 7234W released on 16 May 2007, Global Coal Management
plc announces  that after a successful due diligence program it has acquired
12,500 shares or 5.95% of the issued capital in CCEC Ltd at a cost of
USD4,166,625.



25 July 2007






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