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Wed 20 May 2009, 10:15 CZA - Coal of Africa Limited - Clarification: Company Presentation
CZA
CZA                                                                             
CZA - Coal of Africa Limited - Clarification: Company Presentation              
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`)                                                       
CLARIFICATION: COMPANY PRESENTATION                                             
Coal of Africa Limited advises that the following Competent Person Statement was
inadvertently omitted from the Company Presentation released earlier today:     
Resource Estimation:                                                            
Resource estimations have been compiled by Mr John Sparrow (Member of the South 
African Council of Natural Science Professions SACNASP) 400109/03, an           
independent geological and technical consultant with 26 years experience in the 
Southern African and Australian regions.  Mr Sparrow has sufficient experience  
relevant to the assessment of this style of mineralization to qualify as a      
Competent Person as defined in the Australasian Code for Reporting of           
Exploration Results, Mineral Resources and Ore Reserves - the JORC Code - and   
has compiled a number of Competent Person`s reports for various organizations   
for the JSE, ASX and TSE.  Mr Sparrow consents to the inclusion of the          
information in this presentation in the form and context in which it appears.   
Authorised by                                                                   
SHANNON COATES                                                                  
Company Secretary                                                               
20 May 2009                                                                     
For more information contact:                                                   
Simon Farrell, Managing Director                                                
CZA                                                                             
+61 417 985 383 or +61 8 9322 6776                                              
Simon Edwards/ Chris Sim                                                        
Evolution Securities                                                            
+44(0) 20 7071 4300                                                             
Jos Simson/  Gareth Tredway                                                     
Conduit PR                                                                      
+44(0) 20 7429 6603                                                             
About CoAL:                                                                     
Coal of Africa Limited ("CoAL") is primarily focused on the acquisition,        
exploration and development of thermal and metallurgical coal projects.  The    
Company`s key projects, along with its leading metals processing company NiMag  
Group (Pty) Ltd are in South Africa. The Company was incorporated in Western    
Australia and listed in 1980.  Since 2005, the Company has also listed on both  
the AIM and JSE markets, allowing further growth in the Company`s coal assets.  
www.coalofafrica.com                                                            
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 20/05/2009 10:15:01 Produced by the JSE SENS Department.                  
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