ECX Eastcoal

EastCoal Inc. (TSX VENTURE:ECX)(AIM:ECX) ("EastCoal" or the "Company") is
pleased to announce that it has received TSX-V approval for the conversion of
the US$4 million Aponet Enterprises Limited debenture into 17,391,305 common
shares of EastCoal Inc. effective 12 March 2013 as detailed in today's earlier
announcement. The new common shares, which rank equally with the existing common
shares in the Company, are expected be admitted to trading on AIM and the TSX-V
on 18 March 2013.


Following admission of the new common shares, the Company will have 343,048,493
common shares in issue, which will represent the total number of voting rights
in the Company. This figure should be used by shareholders as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency Rules.


About EastCoal Inc.

EastCoal Inc. is currently producing coking coal from the Menzhinsky mine, which
is operated by its 100% owned subsidiary Inter-Invest Coal, and developing the
Verticalnaya anthracite mine, which is operated by its 100% owned subsidiary
East Coal Company.


This press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based on
current expectations involving a number of risks and uncertainties and are not
guarantees of future performance. There are numerous risks and uncertainties
that could cause actual results to differ materially from those expressed in the
forward-looking information. These and all subsequent written and oral
forward-looking information are based on estimates and opinions on the dates
they are made and are expressly qualified in their entirety by this notice.
Except as required by law, EastCoal assumes no obligation to update
forward-looking information should circumstances or management's estimates or
opinions change.


FOR FURTHER INFORMATION PLEASE CONTACT: 
EastCoal Inc.
Abraham Jonker
President
+1 (604) 681-8069/ +1 604 992 5600 (Cell)


EastCoal Inc.
George Lawton
CFO
www.eastcoal.ca


Cenkos Securities plc
Ken Fleming/Alan Stewart/Derrick Lee
+44 (0) 131 220 6939


Tavistock Communications
Jos Simson/Emily Fenton/Mike Bartlett
+44 (0) 207 920 3150

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