Holding(s) in Company

Global Coal Management PLC
14 March 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 13th March 2007 that Ospraie Management, LLC no
longer held a notifiable interest in the issued share capital of the Company.


14 March 2007





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