Audley European Opportunities Master Fund Limited Regulatory Filing

    GUERNSEY, Channel Islands, June 1 /CNW/ - Audley European Opportunities
Master Fund Limited and its manager, Audley Capital Management Limited,
announced today a correction to the press release and early warning report in
respect of Western Canadian Coal Corp. filed on May 22, 2009.
    The May 22 press release and early warning report correctly reported that
21.9 million WCC shares would be acquired by the Fund under the proposed
merger of WCC and Cambrian Mining Plc. Together with the WCC Shares the Fund
already owns, this would represent approximately 27.4% of the outstanding WCC
shares after completion of the proposed transaction and approximately 28.3% of
the WCC shares (on a partially diluted basis) if the WCC shares issuable
pursuant to WCC convertible securities to the Fund, Audley Capital and other
persons who may be considered to be acting jointly or in concert with the Fund
are included (in each case excluding the WCC shares currently held by Cambrian
and issuable to Cambrian pursuant WCC convertible securities). The percentages
were calculated incorrectly in the original press release and report.

For further information:

For further information: Julian Treger, Audley Capital Advisors LLP, on
behalf of: Audley Capital Management Limited, Audley European Opportunities
Master Fund Limited, Trafalgar Court, Les Banques, St. Peter Port, Guernsey,
GY1 3QL, 44-207-529-6940

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