Press Release

SUEK AG becomes a Market Member of globalCOAL's Electronic Trading Platform

LONDON, UK, 18 August 2006

globalCoal is pleased to announce that SUEK AG has joined as a Market Member on its electronic trading platform. Eoghan Cunningham, CEO of globalCOAL, said, 'We are delighted to welcome SUEK AG as a member of globalCOAL, being the first Russian coal company to join the platform.'

About Global Coal Ltd

globalCOAL is the world's premier marketplace facilitator for trading coal and coal related services, information, and instruments. The company was founded by leading members of the world coal industry to promote the electronic trading of thermal coal by creating standardised coal quality specifications, a Standard Coal Trading Agreement (SCoTAR) , and a fast, effective and transparent route to market.

For more information about globalCOAL, please visit our website at www.globalcoal.com.

Global Coal Limited

Energy House
9 King Street
London
EC2V 8EA
United Kingdom

General Enquiries & Switchboard:

phone: +44.(0)20.7776.5900
fax: +44.(0)20.7776.5902
email: info@globalcoal.com

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