Press Release

Itochu Corporation becomes a Market Member of globalCOAL's Electronic Trading Platform

LONDON, UK, 5 November 2007

Global Coal Limited is pleased to announce that Itochu Corporation has joined globalCOAL's electronic trading platform as a Market Member.

Eoghan Cunningham, CEO of globalCOALĀ® , stated that 'Itochu Corporation's membership is a significant addition to globalCOAL's existing Market Membership and further underlines the growth of globalCOAL's customers, specifically in Japan. We are delighted to have them on board as Market Member.'

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