Oracle Power Regulatory News (ORCP)

29 April 2013

Oracle Coalfields PLC

("Oracle" or the "Company")

Change of Broker

Oracle Coalfields PLC appoints Peterhouse Corporate Finance Limited as Broker

Oracle Coalfields PLC (AIM:ORCP), the UK coal developer of a 1.4 billion tonne lignite resource located in the south-eastern desert of the Sindh Province, Pakistan, today announces that it has appointed Peterhouse Corporate Finance Limited as Broker with immediate effect.

Shahrukh Khan, CEO of Oracle Coalfields, said: "We would like to thank Novus Capital Markets for their assistance in providing Broker Service and look forward to working with Peterhouse Corporate Finance Limited."

Ends

For further information:

Oracle Coalfields PLC

Shahrukh Khan, CEO +44 (0) 203 102 4807

Blythe Weigh Communications

Tim Blythe, Robert Kellner +44 (0) 207 138 3204

Grant Thornton (Nominated Adviser)

Gerry Beaney/David Hignell +44 (0) 207 728 3402

Peterhouse Corporate Finance Limited

Charles Goodfellow, Duncan Vasey +44 (0) 207 220 9791