Directors' Shareholding Notification

15/10/2008 GB00B23JN426/GBP/PLUS-exn ORACLE COALFIELDS PLC ("the Company") Directors' Shareholdings Notification Oracle Coalfields Plc has been informed today that on 15/10/2008 the following transactions by the Directors of the Company took place. Conrad Windham purchased 10,000 ordinary shares at 4.45 pence per share and now has a holding of 5,010,000 shares, Anthony Scutt purchased 10,000 ordinary shares at 4.75 pence per share and now has a holding of 90,000 shares and Roderick Stead purchased 10,000 ordinary shares at 4.70 pence per share which is his entire holding. The Directors are now interested in a total of 34,610,000 shares representing 30.35% of the issued share capital of 114,046,334. The Directors of Oracle Coalfields Plc accept responsibility for this announcement. Enquiries: Oracle Coalfields Plc Shahrukh Khan, Chairman Telephone: +44 (0) 1366 500722 Email: Info@OracleCoalfields.com Corporate Advisers St Helen's Capital Plc Barry Hocken/Duncan Vasey Telephone: 020 7628 5582 Oracle Coalfields plc