Oracle Coalfields Comment on Pakistan Flood

18/08/2010

                                                                        GB00B23JN426/GBP/PLUS-exn

                                       Oracle Coalfields PLC

                                    ("Oracle" or the "Company")

                            Oracle Coalfields Comment on Pakistan Flood

The  board  of Oracle would like to extend our heartfelt sympathies to the very many  families  of
those who have suffered from the devastation of the flooding in Pakistan, and wish for a swift and
timely recovery from this disaster to all those affected.

To  our  shareholders  we would like to reassure them that the flooding has  not  interrupted  our
ongoing  work programme and operations.  More specifically in the Sindh Province, the flooding  is
more  severe near to the Indus River.  Our project site, Block VI in Tharparkar District, is  more
than  250  km  east of the Indus River.  We continue to be in regular contact with  our  partners,
local  contractors  and relevant government agencies and our work programme  is  progressing.  The
construction  of Base Camp at site is already underway. More details are provided in  the  company
website  (www.oraclecoalfields.com) with flood maps and photographs of the  field  visit  on  11th
August 2010.  It is to be noted that Tharparkar District is 150 ft to 200 ft above sea level.

Our  AGM  is  being held at the offices of Trowers & Hamlins LLP, Sceptre Court,  40  Tower  Hill,
London  EC3N 4DX, at 11am on 24 August 2010, and we will be providing regular updates as and  when
further information relevant to shareholders comes to light.

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

ENQUIRIES:

Oracle Coalfields PLC
Shahrukh Khan, Chairman
Telephone: [phone]
Email: [e-mail]

St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: [phone]

WEBSITE:  www.oraclecoalfields.com

Oracle Coalfields plc

Oracle Coalfields plc