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Mon 5 May 2008, 12:25 CZA - Coal of Africa Limited - Change in substanti
CZA
 CZA                                                                             
CZA - Coal of Africa Limited - Change in substantial holders                    
Coal of Africa Limited                                                          
(previously, "GVM Metals Limited")                                              
(Incorporated and registered in Australia)                                      
(Registration number ABN 008 905 388)                                           
Share code on the JSE Limited: CZA                                              
ISIN AU000000CZA6                                                               
Share code on the Australian Stock Exchange Limited: CZA                        
ISIN AU000000CZA6                                                               
(`CoAL` or `the Company`)                                                       
Change in substantial holders                                                   
The Company has received the following notification of substantial interests in 
the Company which was announced on the ASX on 2 May 2008:                       
Name:                        Merrill Lynch & Co. Inc.                           
Total number of securities:  36,230,416                                         
Voting power (%):            12.00%                                             
Date of notification:        15 April 2008                                      
Full copies of the notifications can be found on the Company`s website at       
www.coalofafrica.com.                                                           
Enquiries:                                                                      
Blair Sergeant - Coal of Africa                                                 
+27 11 785 4518                                                                 
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 05/05/2008 12:25:01 Produced by the JSE SENS Department.                  
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