Gcm Resources PlcLSE: GCM

Strategic Investment Update

· Issued by Gcm Resources Plc
Global Coal Management PLC 21 February 2007 Global Coal Management Plc ('the Company') Update to RNS announcement on January 22, 2007 With reference to the RNS announcement (9035P) released on behalf of Global Coal Management plc ('GCM') on 22nd January, 2007 the Bangladesh Board of Investment has approved the investment by GCM in Peoples Telecom and Information Services Ltd. 21 February 2007 This information is provided by RNS The company news service from the London Stock Exchange