Holding(s) in Company

Global Coal Management PLC
31 January 2007

Global Coal Management Plc



                    Further investment in GVM Metals Limited



Global Coal Management plc announces  that on  30 January 2007 it acquired  a
further 4,000,000 shares in GVM Metals Limited at a cost of approximately
£890,000 and that it  now holds an interest of 16,200,000 shares, 17.32% of the
issued share capital of GVM Metals Limited.





31 January 2007














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