Talbot Group Investment Pty Ltd. announces acquisition of common shares of PBS Coals Limited

    TORONTO, Sept. 26 /CNW/ - Talbot Group Investment Pty Ltd., announces the
completion of its purchase of 16,562,499 common shares and 7,282,501 common
shares in the capital of PBS Coals Limited (formerly Penfold Capital
Acquisition Corporation) from Zebra Holdings and Investments s.a.r.l. and
Lorito Holdings s.a.r.l., respectively, at a purchase price of $6.00 per
share. Talbot Group Investments Pty Ltd. now beneficially owns and controls
27,180,000 common shares of PBS Coals Limited, representing approximately
19.9% of the outstanding common shares of PBS Coals Limited on an undiluted

For further information:

For further information: Talbot Group Investments Pty Ltd., P.O. Box
1573, Coorparoo, QLD, Australia, Postal Code: 4151, Attention: Denis Wood,
Phone Number: +61 7 3002 4900

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