Proposed move to AIM

17February 2011
                                                                                  GB00B23JN426/GBP/PLUS-exn

                                           Oracle Coalfields PLC
                                  (`Oracle Coalfields' or the `Company')

                                           Proposed move to AIM

Oracle  Coalfields PLC, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in  the  south-
eastern  desert  of  Sindh Province, Pakistan, today announces that it intends to apply for  the  Company's
ordinary  shares to be admitted to trading on AIM and expects that that admission will take place early in
the second quarter of 2011.

The  ordinary shares of the Company were originally admitted to trading on the PLUS-quoted market in August
2007.

The Directors of Oracle are responsible for the contents of this announcement.

ENQUIRIES:

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

St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: [phone]

Blythe Weigh Communications
Tim Blythe, Ana Ribeiro, Matthew Neal
Telephone: [phone]

WEBSITE:  www.oraclecoalfields.com

Oracle Coalfields plc