Appointment of Director

4rd January, 2008

                                                       ISIN: GB00B23JN426/GBP/PLUS-exn

                                       Oracle Coalfields Plc

                                      Appointment of Director

The  Board  of  Oracle  Coalfields Plc ("Oracle" or "the Company")  is  pleased  to  announce  the
appointment of Mr. Roderick Stead as a Non-Executive Director with immediate effect.

Mr.  Stead (62) brings considerable experience in a wide variety of management roles in  the  oil,
gas,  coal,  mining and forestry industries in different environments. Between 1967 and  2003  Mr.
Stead worked in several international locations for the Royal Dutch Shell Group of Companies.  His
positions  included  working  as  the Finance Controller for Shell  Expro,  the  operator  of  the
Shell/Exxon  North  Sea  joint venture between 1984-1987, before moving to  Chile,  where  he  was
Finance Director and a board member of 18 Chilean Shell subsidiaries between 1987-1991. From 1991-
1996  Mr.  Stead  worked as Group Advisor on Acquisition and Divestments for  Shell  International
Petroleum  Company Ltd. From 1996-1999 he was based in the Sultanate of Oman, where he  worked  as
leader of the financing team for Oman LNG LLC, prior to becoming leader of the financing team  for
Nigeria LNG Ltd between 1999-2003.

SHAHRUKH  KHAN,  CHAIRMAN,  SAID:  "I am delighted to welcome Roderick  to  the  board  of  Oracle
Coalfields.  Roderick  brings  a wealth of experience in strategic  business  analysis,  corporate
governance  and  the  management  of major joint venture relationships  and  strategic  alliances.
Roderick's  wide ranging experience in project finance negotiations and financial management  will
be of great benefit to the Company as it moves forward with developing its projects and business."

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]

www.oraclecoalfields.com

Oracle Coalfields Plc