Waratah Provides Update on Shareholder Rights Plan

Waratah Provides Update on Shareholder Rights Plan

Waratah Coal Inc. announced today that the TSX Venture Exchange (TSX-V) has determined to defer its review of Waratah’s recently adopted shareholder rights plan until such time as the TSX-V is satisfied that the applicable securities commission(s) will not intervene pursuant to National Policy 62-202 of the Canadian Securities Administrators.

The shareholder rights plan remains effective in accordance with its terms.

Contacts: Waratah Coal Inc. Peter Lynch President and CEO +61 7 3303 0692

Email: plynch@waratahcoal.com

Waratah Coal Inc. Michael Joyner Investor Relations – Canada (416) 368-3671 Email: mjoyner@waratahcoal.com

Website: http://www.waratah.com

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