Press Release

UBS AG London Branch Becomes a Market Member of globalCOAL's Electronic Trading Platform

LONDON, UK -- 28 April 2008

globalCOAL® is delighted to announce that UBS AG London Branch has joined its electronic coal trading platform as Market Member.

"It is a pleasure to welcome UBS AG London Branch into the globalCOAL® Market Membership," said Patrick Markey, COO of globalCOAL®. "Their involvement further highlights the financial sector's appetite for coal exposure, and the growing role investment banks are playing in increasing liquidity in the coal markets."

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