Press Releases

- Income totals $31.0 million, $0.59 per share, before $32.3 million in early debt extinguishment charges - EBITDA totals $96.4 million for the quarter and $193.5 million for the first half - Company targets 10% to 15% improvement in second half EBITDA over first half - 2003 earnings targets raised by 10% to 15%, to $1.60 to $1.75 per share

- First quarter EBITDA totals $97.0 million compared with target of $80 to $90 million - Income totals $20.2 million, $0.39 per share, before charges of $21 million for early debt extinguishment and $10 million from cumulative effect of accounting changes - Lower-cost refinancing expected to improve earnings

-- Net income increases $126.6 million year over year -- Operating profit increases 17% and EBITDA* increases 6% for the year -- Earnings per share total $1.96 for the year -- Operating cash flow increases 34%

-- Earnings per share total $0.54 for the quarter and $1.41 through nine months -- Operating profit increases 42% and EBITDA* increases 19% for the quarter -- Income from continuing operations increases $25 million for the quarter and $65 million through nine months -- Revenues rise 9% for the quarter and 5% through nine months -- Year-to-date interest expense improves 28% -- U.S. coal markets improving, albeit at slower pace than expected due to soft economy -- Special cost-cutting steps are under way

-- Operating profit grows 52% and EBITDA* improves 18% for the quarter -- Income from continuing operations increases $15 million for the quarter and $40 million for six months -- Revenues rise 7% for the quarter and six months -- Year-to-date interest expense improves 35% -- Revised 2002 EBITDA improvement targeted at 18% to 23%

-- EBITDA* improves 25% and operating profit increases 68% -- Net income improves $34 million, driving diluted EPS of $0.42 -- Revenues rise 7% on strong pricing and 4% sales volume growth -- Reduced debt leads to 43% reduction in interest expense -- Targeted 2002 EBITDA improvement remains at 20% to 30%

- Revenues rise 23% for the quarter and 15% for nine months - EBITDA* improves 9% for the quarter and 20% for nine months - Income before early debt extinguishment grows $21 million for the quarter and $68 million for nine months - Management targets 20% to 30% EBITDA improvement for the first quarter and full year 2002