RNS Number : 3749E
  Universal Coal PLC
  26 September 2008
   

    Universal Coal plc / Index: AIM / Epic: UCL / Sector: Natural Resources

    26 September 2008 

    Universal Coal plc ('Universal Coal' or 'the Company')

    Placing of New Ordinary Shares

    Universal Coal announces it has raised approximately �1.59 million by way of a placing of 79,444,877 new Ordinary Shares at a price of
2p each ('the Placing').

    Application has been made for the new Ordinary Shares to be admitted to AIM and it is expected that they will be admitted on 1st October
2008. The shares will rank pari passu with existing Ordinary Shares in issue. Following completion of the Placing, there will be 241,094,880
Ordinary Shares in issue.

    For further information please contact: 

 Tim Horgan                     Universal Coal plc    Tel: +44 (0) 20 7292 9112
 Hugh Oram                      Nabarro Wells & Co.   Tel: +44 (0) 20 7634 4700
                                Ltd
 Hugo de Salis/Victoria Thomas  St Brides Media &     Tel: +44 (0) 20 7236 1177
                                Finance






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