Extension of Block VI Thar Coalfield Licence

4 November 2010
                                                                         GB00B23JN426/GBP/PLUS-exn

                                       Oracle Coalfields PLC

                                    ("Oracle" or the "Company")

                           Extension of Block VI Thar Coalfield Licence

Oracle  Coalfields  PLC (PLUS: ORCP), the UK developer of a 1.4 billion tonne JORC  Measured  coal
resource  in  the south-eastern desert of Sindh Province, Pakistan announces that its  exploration
licence  at Block VI of the Thar Coalfield has been extended for an additional year to 25 November
2011.

The  original exploration licence for coal over an area of 66.1 Sq Km was granted to Sindh  Carbon
Energy  Limited,  a  subsidiary of Oracle, in November 2007 for a  period  of  three  years.   The
extension has been granted in accordance with the Company's plan to complete its feasibility study
for  Block  VI of the Thar Coalfield ("Feasibility Study") and an update on ongoing operations  in
the field will be announced shortly.

Commenting  on  the extension, Shahrukh Khan, CEO of Oracle said: "The extension  of  the  licence
demonstrates the continued governmental support for the development of the Thar Coalfield and will
allow us to complete our work program for the bankable Feasibility Study."

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

                                              -Ends -

For further information please contact:

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
Ana Ribeiro or Matthew Neal
Telephone: [phone]

WEBSITE:  www.oraclecoalfields.com

Oracle Coalfields plc