LA FRANCIA I COAL MINE

Coalcorp Mining announced today it has commenced coal shipments using its own rail cars through the Fenoco rail line, in which Coalcorp Mining holds an 8.43% interest, to ship its coal from La Francia mine, Colombia, to a sea port in the Santa Marta area of Colombia. The coal was shipped pursuant to one of Coalcorp’s short term coal sales contracts.

Coalcorp Mining Inc.is providing its fourteenth Default Status Report in accordance with National Policy 12-203: Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-203”). The Company filed its Second Quarter Interim Financials on August 19, 2009. However it remains delayed in filing its Third Quarter Interim Financials and so the management cease trade order imposed on the Chief Executive Officer and the former Chief Financial Officer of the Company remains in effect. The Company is in the process of finalizing the Third Quarter Interim Financials and expects to release those in the near term. Coalcorp is a coal mining, exploration and development company with interests in the La Francia coal mine and related infrastructure projects and a number of coal exploration properties, all located in Colombia.

Coalcorp Mining announced that it has declared force majeure under its mining services contract with the Company’s mine operator and ordered the temporary suspension of its mining operations in the La Francia coal mine. The force majeure was declared as a result of the notification by one of main customers that it is unable to accept coal shipments as a result of mechanical issues associated with shiploading at the Santa Marta port.