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Mon 15 Nov 2010, 7:17 CZA - Coal of Africa Limited - Appendix 3Y - change of director`s interest
CZA
CZA                                                                             
CZA - Coal of Africa Limited - Appendix 3Y - change of director`s interest      
notice                                                                          
Coal of Africa Limited                                                          
(previously, "GVM Metals Limited")                                              
(Incorporated and registered in Australia)                                      
(Registration number ABN 008 905 388)                                           
JSE Share code: CZA                                                             
ASX Share code: CZA                                                             
ISIN AU000000CZA6                                                               
(`CoAL` or `the Company`)                                                       
APPENDIX 3Y - CHANGE OF DIRECTOR`S INTEREST NOTICE                              
QUOTE                                                                           
Name of entity     Coal of Africa Limited                                       
ABN                98 008 905 388                                               
We (the entity) give ASX the following information under listing rule 3.19A.2   
and as agent for the director for the purposes of section 205G of the           
Corporations Act.                                                               
Name of director                      Dave Murray                               
Date of last notice                   8 September 2010                          
PART 1 - CHANGE OF DIRECTOR`S RELEVANT INTERESTS IN SECURITIES                  
In the case of a trust, this includes interests in the trust made available by  
the responsible entity of the trust                                             
Note: In the case of a company, interests which come within paragraph (i) of the
definition of "notifiable interest of a director" should be disclosed in this   
part.                                                                           
Direct or indirect interest            Indirect                                 
                                                                                
Nature of indirect interest            Options held by Beatle Rock Pty Ltd      
(including registered holder)          , a          
Note: Provide details of the           related entity to Mr Murray              
circumstances giving rise to the                                                
relevant interest.                                                              
Date of change                         9 November 2010                          
                                                                                
No. of securities held prior to        Nil                                      
change                                                                          
                                                                                
Class                                  Options exercisable at $1.20 each on     
                                      or before 9 November 2015                 

Number acquired                        2,500,000                                
                                                                                
Number disposed                        Nil                                      

Value/Consideration                    Nil                                      
Note: If consideration is non-cash                                              
provide details and estimated                                                   
valuation                                                                       
                                                                                
No. of securities held after change    Indirect interest                        
                                      2,500,000 options exercisable at          
$1.20 each on or before 9 November        
                                      2015.                                     
                                                                                
Nature of change                       Options issued to non-executive          
Example: on-market trade, off-market   director as approved by shareholders     
trade, exercise of options, issue of   at General Meeting on 14 October         
securities under dividend              2010.                                    
reinvestment plan, participation in                                             
buy-back                                                                        
PART 2 - CHANGE OF DIRECTOR`S INTERESTS IN CONTRACTS                            
Detail of contract                                                              
                                                                                
Nature of interest                                                              
                                                                                
Name of registered holder                                                       
(if issued securities)                                                          

Date of change                                                                  
                                                                                
No. and class of securities to which interest related                           
prior to change                                                                 
Note: Details are only required for a contract in                               
relation to which the interest has changed                                      
Interest acquired                                                               

Interest disposed                                                               
                                                                                
Value/Consideration                                                             
Note: If consideration is non-cash provide details                              
and estimated valuation                                                         
                                                                                
Interest after change                                                           

UNQUOTE                                                                         
15 November 2010                                                                
JSE Sponsor                                                                     
Macquarie First South Advisers (Pty) Limited                                    
Date: 15/11/2010 07:17:01 Produced by the JSE SENS Department.                  
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