GRANDE CACHE COAL CORPORATION

Grande Cache Coalprovided the following operational update. Grande Cache Coal sold 0.51 million tonnes of metallurgical coal during the three months ended June 30, 2009, representing the largest quarterly sales volumes in the Corporation's history. The higher sales volumes were mainly driven by a significant increase in spot sales, primarily into the Chinese market. The average sales price for fiscal 2010 is expected to be in the range of US$115 to US$125 per tonne, which includes spot sales and carryover shipments from the prior coal year as well as contract sales negotiated for the new coal year that commenced on April 1, 2009.