Press Releases

AL EDITOR DE NEGOCIOS:

- Peabody sets new sales record of 52.6 million tons for quarter - Powder River Basin operations set quarterly shipment record of 28.3 million tons - Earnings per share total $0.39 for the quarter and $1.33 through nine months (excluding charges in the first half of 2003 for early debt extinguishment and accounting changes) - EBITDA totals $104.3 million for the quarter and $297.8 million through nine months

- 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