Holding(s) in Company

Global Coal Management PLC
22 August 2007

                           Global Coal Management plc

                                ('the Company')


Notification of significant holding



Under the FSA Disclosure and Transparency rules DTR 5, the following information 
falls to be disclosed:

The Company was notified on 21 August 2007 that Ospraie Management LLC and its
subsidiary companies have an interest in the shares of the Company resulting in
a total holding of 1,511,055 Ordinary Shares of 10p each in the Company.  This
represents 3.10% of the issued share capital of the Company.




22 August 2007









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