Coalcorp announces filing of second quarter interim financials

    TORONTO, Aug. 19 /CNW/ - Coalcorp Mining Inc. ("Coalcorp" or the
"Company") (TSX-CCJ) announces that it filed today its second quarter interim
financial statements and related management discussion and analysis (MD&A) for
the three and six-month periods ended December 31, 2008 (the "Q2 Financials").
A copy of the Q2 Financials is available on the SEDAR website at
and the Company's website at
    As previously announced and updated in the Company's bi-weekly Default
Status Reports, the Company was delayed in filing its Q2 Financials as well as
its third quarter interim financial statements and related MD&A for the nine
month period ended March 31, 2009 (the "Q3 Financials"). The Company is in the
process of preparing the Q3 Financials and expects to release those in the
near term.

    About Coalcorp

    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
also holds a 60% equity interest in Carbones Colombianos del Cerrejon which
owns the La Caypa coal mine in Colombia. Further information can be obtained
by visiting our website at or under the Company's profile at

    Forward Looking Statements Disclaimer

    Statements made in this news release may be forward-looking and therefore
subject to various risks and uncertainties. Certain material factors or
assumptions are applied in making forward-looking statements and actual
results may differ materially from those expressed or implied in such
statements. Coalcorp does not undertake to update any forward-looking
statements; such statements speak only as of the date made.

For further information:

For further information: Joseph Belan, Interim Chief Executive Officer,
+57-1-658-5050 Ext: 9990

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Coalcorp Mining Inc.

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