Director Shareholding

15/10/2008
                                                                                      GB00B23JN426/GBP/PLUS-exn

                                     ORACLE COALFIELDS PLC ("the Company")

                                     Directors' Shareholdings Notification

Oracle Coalfields Plc has been informed today that on 15/10/2008 the following transactions by the Directors of
the  Company took place. Conrad Windham purchased 10,000 ordinary shares at 4.45 pence per share and now has  a
holding of 5,010,000 shares, Anthony Scutt purchased 10,000 ordinary shares at 4.75 pence per share and now has
a holding of 90,000 shares and Roderick Stead purchased 10,000 ordinary shares at 4.70 pence per share which is
his entire holding.

The  Directors  are  now interested in a total of 34,610,000 shares representing 30.35%  of  the  issued  share
capital of 114,046,334.

The Directors of Oracle Coalfields Plc accept responsibility for this announcement.

Enquiries:

Oracle Coalfields Plc
Shahrukh Khan, Chairman
Telephone: [phone]
Email: [e-mail]

Corporate Advisers

St Helen's Capital Plc
Barry Hocken/Duncan Vasey
Telephone: [phone]

Oracle Coalfields plc