Directors' Shareholdings

06/11/2008
                                                                                        GB00B23JN426/GBP/PLUS-exn

                                     ORACLE COALFIELDS PLC ("the Company")

                                     Directors' Shareholdings Notification

Oracle Coalfields Plc has been informed today that on 05/11/2008 the following transactions by the Directors of
the Company took place. Mr Anthony Scutt purchased 10,000 ordinary shares at 4.95 pence per share and now has a
holding of 100,000 shares, Mr Shahrukh Khan, the Chairman of the Company purchased 10,000 ordinary shares at
5.25 pence per share and now has a holding of 29,518,291 shares which equates to 25.88% of the issued share
capital and Mr Conrad Windham purchased 10,000 ordinary shares at 5.50 pence per ordinary share and now has a
holding of 5,020,000 shares or 4.40% of the issued share capital.

This follows an announcement made on 20 October regarding other purchases of stock in the Company by the
Directors.

The Directors are now interested in a total of 34,648,291 shares representing 30.38% 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