For immediate release
19 May, 2008
UK COAL PLC ('UK COAL' or 'The Company')
Interim Management Statement
As required by the UK Listing Authority's Disclosure and Transparency Rules, UK Coal's Interim Management Statement covers the period from 1 January, 2008, to the date of this announcement.
Since the end of 2007, there have been no material events or transactions which have affected UK Coal and no material change in its financial position.
As we announced on 18th April, first quarter output from all mining operations was 1.7 million tonnes. Since the end of March output has continued in line with expectations. Similarly, our property business, Harworth Estates, has also performed in line with expectations.
As a consequence, the outlook for the company in 2008 remains positive and the Company remains confident of meeting its expectations for the full year.
AGM
UK Coal plc is to hold its Annual General Meeting at 1pm on Tuesday, 20 May, 2008, at the Farmers & Fletchers Hall, London.
The Chairman will up-date shareholders on trading as stated above and, accordingly, the Company will not issue an AGM statement.
Appointed Brokers
UK COAL announces that Numis Securities are appointed as the Company's sole stockbroker.
For further information please contact:
Media
Anthony Carlisle, Citigate Dewe Rogerson
Telephone: +44 (0) 207 638 9571
Mobile: 07973 611 888
Analysts and investors:
David Brocksom (Finance Director UK COAL)
Telephone: +44 (0) 1302 755012
Scott Fulton (Citigate Dewe Rogerson)
Telephone: +44 (0) 207 638 9571