Appointment of Credit Suisse as Strategic Advisor

19 April 2010 AIM: CHL

CHURCHILL MINING PLC

("Churchill" or the "Company")

CHURCHILL APPOINTS CREDIT SUISSE AS STRATEGIC ADVISOR

Churchill Mining Plc (AIM: CHL) is pleased to announce the appointment of Credit Suisse as a strategic advisor to Churchill with regard to the development of the East Kutai Coal Project. The East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 956 million tonnes and a JORC Mining Resource of 2.481 billion tonnes.

Churchill and its Indonesian partner, the Ridlatama Group, are currently progressing with the development of the East Kutai Coal Project. The East Kutai Coal Project is planned as a 20 million tonnes per annum operation, positioning Churchill to become a major exporter of thermal coal to meet the growing demands of the expanding Asian energy market.

Credit Suisse will work with Churchill to complete a strategic review process, which will evaluate the various options for financing the development of the East Kutai Coal Project, including the development of the project with a joint venture partner or the conclusion of a long-term offtake arrangement. Having completed over $13 billion of Indonesia-related coal transactions in the last five years, Credit Suisse is considered the pre-eminent international investment bank in the Indonesia coal space.

Churchill Mining CEO Paul Mazak commented:

"We are pleased to have retained Credit Suisse as a strategic advisor to Churchill. As the market-leading investment bank to the coal sector in Indonesia, working with leading companies such as PT Bumi Resources, IndoCoal, Adaro Energy and others, Credit Suisse brings a vast amount of experience and expertise to procure the financing for the development of the East Kutai Coal Project."

Credit Suisse Investment Banking Head of Mining, South East Asia, Alberto Migliucci commented:

"Credit Suisse is excited about working with Churchill to maximize the interest that a substantial resource such as the East Kutai Coal Project deserves. Strong energy demand growth throughout Asia, particularly India and China, coupled with regional shortages in power generation capabilities, creates a positive environment for large scale projects such as the East Kutai Coal Project. Credit Suisse looks forward to working with Churchill to determine the best approach for the development of the East Kutai Coal Project."

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For further information, please contact:

Credit Suisse

Josephine Lee Corporate Communications 22/F International Commerce Center 1 Austin Road West, Kowloon, Hong Kong Phone +852 3969 6041 Fax +852 2284 6041[email protected]www.credit-suisse.com