Publication of Research Note

19/02/2009
                                                                        GB00B23JN426/GBP/PLUS-exn

                                       Oracle Coalfields Plc
                                    ("Oracle" or "the Company")

                                   Publication of Research Note

Oracle  Coalfields  Plc,  the Pakistan coal explorer and developer, is pleased  to  announce  that
Edison  Investment  Research  has  today  published a  research  report,  which  the  Company  has
commissioned.  The full document can be read on the Investor Relations section  of  the  Company's
website at http://www.oraclecoalfields.com

The Directors of the Issuer 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, DIRECTOR
TELEPHONE: [phone]
EMAIL: [e-mail]

WEBSITE:

www.oraclecoalfields.com

About Oracle:

Oracle  Coalfields plc is a London-based resource exploration and development company with  an  80
per  cent  owned  subsidiary (Sindh Carbon Energy Limited) operating in  Pakistan.  The  Company's
shares are quoted on the PLUS markets (symbol: ORCP). The Company's flagship project is the  Block
VI  coal  project which is located on the Thar coalfield in the eastern Sindh province,  Pakistan.
Block VI is host to a JORC compliant resource of 1.4 billion tonnes and 371 million tonnes in  the
proven category.

The  Company also owns the Indus East project in Pakistan. A pre-feasibility study carried out  by
Dargo  associates confirmed an inferred resource for the area (in line with the JORC Code) to  365
million  tonnes, of which the boreholes KHW-1 and KHW-2 give an indicated resource of c.24 million
tonnes.

Oracle Coalfields plc

Oracle Coalfields plc