Fortbridge Media Release

Celsius Coal Ltd. [ASX:CLA] - Fox-Davies Capital Initiates Research Coverage

Celsius Coal Limited (ASX Code: CLA) (Celsius or the Company) is pleased to advise that Fox-Davies Capital has initiated research coverage on the Company and released a report covering Celsius� operations.

To view a copy of the report, entitled �Fox-Davies Research Report � November 2013 � Coking Coal in Kyrgyzstan�, please visit the website at

Celsius Coal Ltd is focused on developing coking and thermal coal deposits in the Kyrgyz Republic. The company owns 80% of its Uzgen Basin Coking Coal Project (comprising: Kargasha; Kokkia; and Min Teke), which cover an established Soviet era coking coal resource. It also owns 90% of its Alai Range Projects (comprising: Sary Mogol and Bel Alma).

For further inquiries please contact:

Mr. Ranko Matic
Company Secretary
+61 (0) 8 9226 4500

For media and investor inquiries, please contact:

Fortbridge Consulting: + 612 9003 0477

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