Oracle Coalfields plc
LSE : ORCP

March 28, 2011 10:00 ET

Proposed move to AIM

                                                                                              28 March 2011
                                                                                  GB00B23JN426/GBP/PLUS-exn
                                                                                                           

                                           Oracle Coalfields PLC
                                        (`Oracle' or the `Company')
                                                     
                                           Proposed move to AIM

Oracle, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert  of
Sindh Province, Pakistan, today announces that it has made an announcement prior to admission in accordance
with  Rule 2 of the AIM Rules for Companies to apply for Oracle's ordinary shares to be admitted to trading
on AIM.

It  is  expected  that  Admission will become effective following a proposed  £2  million  fundraising  and
dealings in the share capital will commence on AIM on 12 April 2011.

The  Admission  Document,  which will contain full details about the applicant and  the  admission  of  its
securities, will be available at www.oraclecoalfields.com.

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

ENQUIRIES:

Oracle Coalfields PLC
Shahrukh Khan, Chairman
Telephone: +44 (0) 1366500722
Email: s.khan@oraclecoalfields.com

St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: +44 (0) 20 7368 6959

Blythe Weigh Communications
Tim Blythe, Ana Ribeiro, Matthew Neal
Telephone: +44 (0) 20 7138 3204

Libertas Capital Corporate Finance Limited
Sandy Jamieson, Neil Pidgeon
Telephone: +44 (0) 20 7569 9650

WEBSITE:  www.oraclecoalfields.com







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