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Gloucester Coal Trading Halt

Gloucester Coal Ltd – Request for Trading Halt The directors of Gloucester Coal Ltd ACN 008 881 712 (GCL) (Gloucester) request an immediate trading halt in Gloucester's securities from the start of trading on 4 August 2010. The trading halt is requested pending an announcement to be made by Gloucester to the market in connection with a potential acquisition and capital raising. For the purposes of ASX Listing Rule 17.1, Gloucester provides the following information: (a) the trading halt is necessary as Gloucester expects to make an announcement to the market in relation to an acquisition and a capital raising involving retail and institutional investors; (b) Gloucester expects that the trading halt will remain in place until the commencement of trading on 5 August 2010, unless, before that time, Gloucester makes an announcement concerning the outcome of the institutional component of the capital raising or requests that the trading halt be lifted; (c) Gloucester expects to make an announcement to the market concerning the outcome of the institutional component of the capital raising before the commencement of trading on 5 August 2010; (d) Gloucester is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt. If you have any queries, please do not hesitate to contact the writer. Yours Sincerely Neil McKenzie Company Secretary and Chief Financial Officer Gloucester Coal Ltd Barry Tudor Chief Executive Officer +61 (0)2 9413 2028 Neil McKenzie Chief Financial Officer / Company Secretary.