5 July 2011Mr Rohan AbeyewardeneAustralian Stock ExchangeLevel...

5 July 2011
Mr Rohan Abeyewardene
Australian Stock Exchange
Level 5
Riverside Centre
123 Eagle Street
BRISBANE QLD 4000
By facsimile: (07) 3832 4114
By email: [email protected]
Dear Mr Abeyewardene
Request for Trading Halt
MetroCoal Limited (MTE) requests that a trading halt be granted by ASX immediately with respect to the following securities:
- MTE fully paid ordinary shares (ASX: MTE)
For the purpose of Listing Rule 17.1, MTE provides the following information:
(a) The trading halt is necessary as a media report has been published in India speculating on the progress of discussions in relation to the marketing of the Joint Venture opportunity for EPC 1164;
(b) The media article has also speculated the potential investment for the JV and has incorrectly advised that a reserve has been achieved for the tenement.
(c) MTE is not aware of any reason why the trading halt should not be granted.
Yours sincerely
Theo Psaros
Chief Operating Officer