WCI Waratah Coal Com Npv

Waratah Coal Inc (TSX VENTURE: WCI)(ASX: WCI) (Waratah) The Federal Court of Australia today rejected Waratah Coal Inc's ("Waratah") application to declare invalid the decision on September 5, 2008, by the Federal Environment Minister, Peter Garrett, that Waratah's proposed mine, port and rail project is clearly unacceptable under the terms of the Environmental Protection and Biodiversity Conservation Act 1999 (Cth).

The Company, which is planning a large scale coal mine and infrastructure project, has now proposed building a rail link from the Galilee Basin in Central Queensland to the Abbot Point coal terminal near Bowen in the State's north.

"While we continue to push ahead with the plans to build a new rail link to Abbot Point, we will consider our remaining options for Port Capricorn," said Waratah CEO and President Peter Lynch.

This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary language:

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Waratah Coal's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Waratah Coal. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Waratah Coal's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Waratah Coal's filings with the Canadian securities authorities. Accordingly, holders of Waratah Coal shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Waratah Coal disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Waratah Coal Inc Peter Lynch President and CEO +61 7 3303 0692 Email: plynch@waratahcoal.com Waratah Coal Inc Michael Joyner Investor Relations - Canada (416) 368-3671 Email: mjoyner@waratahcoal.com Website: www.waratahcoal.com