Western Coal Corp. - Investors

Q:

Where are the Company's securities traded?

A:

The Company's common shares are traded under the symbol "WTN" on the TSX and AIM of the London Stock Exchange. The Company also trades its Warrants on the TSX under the symbol "WTN.WT"

Q:

Which Analysts regularly follow Western Coal?

A:

Analyst	Firm	Phone
Meredith Bandy	BMO Capital Markets	303-436-1113
David Davidson	Paradigm Capital	416-360-3452
William Dymott	Cenkos Securities (UK)	44-20-7397-8900
Cliff Hale-Sanders	Cormark Securities	416-943-4222
Robin Kozar	RBC Capital Markets	416-842-7861
Gary Lampard	Canaccord Adams	416-867-6020
Chris Lichtenheldt	UBS Securities Canada	416-814-3719
Mike Plaster	Salman Partners	604-622-5295
Jackie Przybylowski	Scotia Capital Inc.	416-863-2852

Q:

How many common shares does the Company have outstanding?

A:

As at May 31, 2010 the Company had approximately 336.4 million common shares outstanding with approximately 72.1 million of those shares owned by Cambrian Mining Limited, a subsidiary of Western Coal. These shares are non-voting and are considered de facto treasury shares. It is the Company's intention to cancel these shares as part of a corporate re-organization of its holding companies. So on a net basis, the Company has approximately 264.3 million common shares outstanding. Including the full conversion of options and warrants, the Company would have approximately 278.9 million common shares outstanding.

Q:

Who owns more than 10% of the Company's shares?

A:

As at May 31, 2010 Audley Capital Management Limited and related parties owned approximately 61.9 million shares or approximately 23% of the shares outstanding.

Q:

How do I transfer my shares from the AIM to TSX exchange?

A:

Please refer to the attached documents:
Register Removal Form UK to Canada
Western Coal Removal Instructions
Or you can call ComputerShare's Global Transaction Unit:
866-277-2086 (Canada)
+44-0-117-305-1075 (UK)

Q:

Where is Western Coal Corp. incorporated?

A:

Western Coal Corp is incorporated in Canada. Since the Company is not incorporated in the UK, and as such the rights of UK shareholders may be different from the rights of shareholders in a UK incorporated company. Please refer to the attached for further details on the Company's articles of incorporation.

Q:

What are the details of the Company's warrants?

A:

The warrants are exercisable at $3.25 and expire June 28, 2012.

Q:

Who are the Company's auditors?

A:

PricewaterhouseCoopers LLP
Chartered Accountants
Vancouver, BC

Q:

Does the Company pay a dividend?

A:

No, the Company presently does not pay a dividend.