Press Release

Fair Energy SA Joins globalCOAL

LONDON AND SINGAPORE - 7 May 2009

globalCOAL announces today that Fair Energy SA has become the latest Market Member to join its online coal trading platform.

Fair Energy is a Switzerland-based energy trading company. The firm is a global player in the oil and biofuel markets, sourcing, trading and supplying the full spectrum of both petroleum and biomass products from the raw material to the finished pure or blended products. Fair Energy joins globalCOAL due to its interest in the Russian coal market.

Eoghan Cunningham, CEO of globalCOAL, said: "We are delighted to welcome Fair Energy to the globalCOAL trading community. Their wide-ranging experience of the energy markets makes them a great addition to our Membership."

Fair Energy SA brings the number of Members on the globalCOAL platform to 90.

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