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Wed 4 Mar 2009, 10:44 CZA - CoAL - Notice of ceasing to be a substantial holder
CZA
CZA                                                                             
CZA - CoAL - Notice of ceasing to be a substantial holder                       
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`)                                                       
Notice of ceasing to be a substantial holder                                    
The Company has received the following notification of cessation of a           
substantial interest in the Company which was announced on the ASX on 3 March   
2009:                                                                           
Name:                        Bank of America Corporation.                       
Total number of securities:  34,917,865                                         
Date of notification:        27 February 2009                                   
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                                                                 
4 March 2009                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 04/03/2009 10:44:22 Produced by the JSE SENS Department.                  
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