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ST. LOUIS, Jan. 29 /PRNewswire-FirstCall/ -- The board of directors of Peabody Energy today elected William C. Rusnack to its board. Rusnack, president and chief executive officer of Premcor Inc., also will serve as chairman of Peabody's audit committee.

Prior to joining Premcor in April 1998, Rusnack was president of ARCO Products Company, the refining and marketing division of Atlantic Richfield Company. During his 31-year career at ARCO, he was also president of ARCO Transportation Company and vice president of corporate planning.

"Peabody welcomes the addition of Mr. Rusnack," said Peabody Chairman and Chief Executive Officer Irl F. Engelhardt. "As the leader of one of the largest independent refiners in America, he will offer valuable additional insight within a board that already benefits from broad energy expertise."

Members of Peabody's board of directors include Bernard J. Duroc-Danner, chairman, president and chief executive officer of major oil and gas technology and services provider Weatherford International; Irl F. Engelhardt, chairman and chief executive officer of Peabody Energy; Roger H. Goodspeed, managing director, Lehman Brothers, Inc.; Felix Herlihy, managing director, Lehman Brothers Merchant Banking Partners II L.P.; William E. James, principal of Rockport Capital Partners LLC and former chairman and chief executive officer of Citizens Power; Henry E. Lentz, managing director, Lehman Brothers Merchant Banking Partners II L.P.; Dr. James R. Schlesinger, chairman of the board of trustees of the MITRE Corporation and former U.S. Secretary of Energy and; Dr. Blanche M. Touhill, chancellor of the University of Missouri - St. Louis; Alan H. Washkowitz, managing director, Lehman Brothers Merchant Banking Partners II L.P.; and Richard M. Whiting, Peabody's president and chief operating officer.

Rusnack is a member of the American Petroleum Institute as well as a member of the Dean's Advisory Council of the Graduate School of Business at the University of Chicago and the National Council of the Olin School of Business at Washington University in St. Louis. He serves on a number of civic and corporate boards including Sempra Energy, The Urban League of Metropolitan St. Louis, the St. Louis Science Center, the St. Louis Opera Theatre and the St. Louis Regional Chamber and Growth Association. He holds a bachelor of science in general chemistry from Indiana University of Pennsylvania and an MBA from the University of Chicago.

Peabody Energy is the world's largest private-sector coal company. Its coal fuels more than 9 percent of all U.S. electricity generation and more than 2 percent of worldwide electricity generation.

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SOURCE: Peabody Energy