Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Atlantic Coal plc

2. Reason for the notification:

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

BlackRock, Inc.

4. Full name of shareholder(s):

As Above

5. Date of the transaction and date on which the threshold is crossed or reached:

18 September 2008 (Placing)

6. Date on which issued notified:

19 September 2008

7. Threshold(s) that is/are crossed or reached:

Gone above 3%

8. Notified details

n/a

A: Voting rights attached to shares:

Class/type of share if possible using the ISIN Code:

GB00B142G994

Situation Previous to the triggering transaction:

Number of Shares

n/a below 3%

Number of Voting Rights

n/a below 3%

Resulting situation after the triggering transaction:

Number of Shares

 85,010,000

Number of Voting Rights - Direct

 85,010,000

Number of Voting Rights - Indirect

n/a

% of voting rights - Direct

7.15%

% of voting rights - Indirect

n/a

 B: Financial Instruments

 Resulting situation after the triggering transaction 

 Type of financial instrument

N/A

 Expiration date

N/A

 Exercise/Conversion Period/Date

N/A

Number of voting rights that may be acquired if the instrument is exercised/converted

N/A

 % of voting rights

N/A

Total (A+B)

 Number of voting rights 

85,010,000

 % of voting rights 

7.15%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

BlackRock Investment Management (UK) Limited - 85,010,000 (7.15%)

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

N/A

14. Contact name:

Kai Chew

15. Contact telephone number:

020 7743 2602

Stephen Best / Greg Kuenzel

Atlantic Coal plc

Tel: 020 7182 1747

Rod Venables / James Reeve

HB Corporate

Tel: 020 7510 8600

Richard Hail, Head of Corporate Finance

Fox Davies Capital 

Tel 020 7936 5230

Victoria Thomas / Chris Welsh

St Brides Media & Finance Ltd

Tel: 020 7236 1177