Investor FAQ

1.Does Arch pay quarterly dividends? If so, when are such dividends paid?
2.When was Arch Coal's initial public offering (IPO)?
3.What is the CUSIP Number for Arch Coal, Inc. common stock?
4.Who do I call for information about my Arch Coal shares?
5.Does Arch Coal have a dividend reinvestment plan?
6.How do I change my mailing address?
7.What should I do if I lose my stock certificates?
8.I have never purchased shares of Arch Coal stock. Why am I receiving dividends?
1.Does Arch pay quarterly dividends? If so, when are such dividends paid?
 In the past, the company has paid quarterly dividends, with the payable dates occurring on or around March 15, June 15, September 15 and December 15. However, there can be no assurance that the company will continue to pay quarterly dividends in the future. Quarterly dividend payments are made at the discretion of the board of directors, and are dependent on Arch Coal's future earnings, capital requirements and financial condition.

2.When was Arch Coal's initial public offering (IPO)?
 Our initial public offering was July 1, 1997, with the merger of Ashland Coal, Inc. (ACI) and Arch Mineral.

3.What is the CUSIP Number for Arch Coal, Inc. common stock?
 Our CUSIP Number is 039380100.

4.Who do I call for information about my Arch Coal shares?
 Arch Coal's stock transfer agent is American Stock Transfer. They can answer your inquiries about stockholder records, stock certificates, dividends, the Dividend Reinvestment Plan or other stock-related matters. You can contact an American Stock Transfer representative at:

American Stock Transfer
PO Box 922
Wall Street Station
New York, NY 10269-0560
1-800-937-5449
www.investpower.com

5.Does Arch Coal have a dividend reinvestment plan?
 Arch Coal does have a DRIP. Additional information about the DRIP, including a prospectus, can be obtained from American Stock Transfer at 1-800-937-5449.

6.How do I change my mailing address?
 Please contact American Stock Transfer at 1-800-937-5449.

7.What should I do if I lose my stock certificates?
 Please contact American Stock Transfer at 1-800-937-5449.

8.I have never purchased shares of Arch Coal stock. Why am I receiving dividends?
 On March 29, 2000, Ashland Inc. - our largest shareholder at the time - distributed 17.4 million shares of Arch Coal stock to its own shareholders. If you owned Ashland stock as of the record date of that transaction [March 24, 2000], you would have received shares in that distribution. The value of a share of ACI on March 24 was $7.1875, which is the value used for purposes of determining the amount of income to you.


Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.