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:

Allianz SE

4. Full name of shareholder(s):

Allianz (UK) Limited

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

19 September 2008

6. Date on which issued notified:

22 September 2008

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

6%

8. Notified details

n/a

A: Voting rights attached to shares:

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

GB00B142G9942

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

 76,173,000

Number of Voting Rights - Direct

 76,173,000

Number of Voting Rights - Indirect

n/a

% of voting rights - Direct

6.41%

% 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 

76,173,000

 % of voting rights 

6.41%

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

Allianz Insurance plc is a subsidiary of Allianz SE. Allianz SE is the ultimate holding company of Allianz Holdings plc which is a holding company of Allianz Insurance Plc. The shares in Allianz Holdings Plc are held by Allianz UK Limited, which is a 66.7% owned subsidiary of Allianz Europe Limited ("Allianz Europe"). The other 33.3% of shares in Allianz UK Limited are owned by Allianz Liebensversicherungs GmbH, which is itself an indirect subsidiary of Allianz SE. Allianz Europe is an 85% owned subsidiary of AZ-Argos 10 Vermogensverwaltungsgesellschaft GmbH which in its turn is a wholly owned subsidiary of Allianz SE. Allianz SE is also the owner of the other 15% of Allianz Europe.

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:

The holding is based on the issuers announcement of 15th September 2008, of placing of 426,712,000 new shares from 19th September 2008, taking the share capital to 1,188,712,000.

14. Contact name:

Dresdner Kleinwort Media Relations Team

15. Contact telephone number:

020 7623 8000

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