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11/29/00Robert J. Messey Named Senior Vice President and Chief Financial Officer of Arch Coal, Inc.
St. Louis - November 29, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that Robert J. Messey, 54, has been named senior vice president and chief financial officer of the corporation, effective December 1, 2000. Arch Coal is the nation's second largest coal producer. "Bob has tremendous leadership experience in a wide range of disciplines, including corporate and public accounting, finance, treasury, and risk management," said Steven F. Leer, Arch Coal's president and chief executive office... 
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11/28/00Who are West Virginia’s Best Teachers? Arch Coal Wants to Know – From You!
November 28, 2000 - The Arch Coal, Inc. Teacher Achievement Awards are in full swing. Students, parents, grandparents and members of the education community are nominating those teachers they consider to be among the very best in the state, says Deck Slone, Arch Coal’s director of public affairs. “This confirms Arch Coal’s belief that there are many teachers in West Virginia who are positive and highly accomplished deliverers of learning in their classrooms. We need to recognize the teaching e... 
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11/21/00Arch Coal Board Declares Quarterly Dividend
St. Louis - November 21, 2000 - The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of 5.75 cents per share on the company's common stock. The dividend is payable December 15, 2000, to shareholders of record on December 5, 2000. Arch Coal is the nation's second largest coal producer, with subsidiary operations in West Virginia, Kentucky, Virginia, Wyoming, Colorado and Utah. Through these operations, Arch provides the fuel for approximately 6% of the electr... 
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10/18/00Arch Coal, Inc. Reports Third Quarter Results
St. Louis – October 18, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it had a net loss of $5.2 million, or $.14 per share, for its third quarter ended September 30, 2000. Results for the third quarter compared to a net loss of $1.8 million, or $.05 per share, in the same quarter of last year. “Market conditions for U.S. coal strengthened markedly during the quarter,” said Steven F. Leer, Arch Coal’s president and chief executive officer. “However, as previously indicated, Arch entere... 
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09/28/00Arch Coal Board Declares Quarterly Dividend
St. Louis, MO - September 28, 2000 - The Board of Directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of 11.5 cents per share on the company's common stock. The dividend is payable September 15, 1998, to shareholders of record on August 14, 1998. Arch Coal, Inc. and its independent subsidiaries are engaged in the mining, processing and sale of bituminous coal, which they market to electric utilities in the eastern and midwestern United States and abroad. ... 
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09/07/00Frank M. Burke Joins Board of Arch Coal, Inc.
St. Louis – September 7, 2000 - Frank M. Burke, 60, has been elected to the board of Arch Coal, Inc. (NYSE:ACI), the nation’s second largest coal producer. "We are delighted that Mr. Burke has agreed to join our board," said Steven F. Leer, Arch Coal’s president and chief executive officer. "He has been involved in the energy industry for most of his career, and possesses a wealth of expertise in a wide range of disciplines. We are certain to benefit from his leadership and counsel." Mr. Bur... 
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08/11/00Arch Coal Board Declares Quarterly Dividend
St. Louis – August 11, 2000 - The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of 5.75 cents per share on the company’s common stock. The dividend is payable September 15, 2000, to shareholders of record on August 25, 2000. Arch Coal is the nation’s second largest coal producer, with subsidiary operations in West Virginia, Kentucky, Virginia, Wyoming, Colorado and Utah. Through these operations, Arch provides the fuel for approximately 6% of the electric... 
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08/04/00Ashland Inc. Requests Registration of its Remaining Arch Coal Shares
St. Louis – August 4, 2000 - Ashland Inc. has requested that Arch Coal, Inc. (NYSE:ACI) register for sale Ashland’s remaining 4,756,968 shares of Arch Coal common stock, in keeping with an existing registration rights agreement. In late March, Ashland Inc. distributed 17.4 million of its 22.1 million shares of Arch Coal common stock to Ashland’s shareholders, and announced its intention to dispose of its remaining shares "within one year." According to the registration request, Ashland plans t... 
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07/20/00Arch Coal, Inc. Reports Second Quarter Results
St. Louis – July 20, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it had a net loss of $2.1 million, or $.06 per share, for its second quarter ended June 30, 2000. Results for the second quarter compared to net income of $2.5 million, or $.06 per share, in the same quarter of last year. "The fire that had idled our West Elk mine in Gunnison County, Colorado, since late January was again the single biggest factor in our performance," said Steven F. Leer, Arch Coal’s president and chie... 
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07/13/00Arch Coal Resumes Longwall Production at West Elk
St. Louis – July 13, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it resumed longwall production at its West Elk mine in Gunnison County, Colorado, yesterday evening. West Elk had been idled on January 28, 2000, following the detection of combustion-related gases there. "We are very pleased to have the mine operational again," said Gene DiClaudio, president of Arch’s Mountain Coal subsidiary and general manager of the West Elk mine. "The West Elk work force has done a tremendous job ... 
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06/06/00MSHA Approves Ventilation Plan for Arch Coal's West Elk Mine
St. Louis, Missouri – June 6, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that the U.S. Mine Safety and Health Administration (MSHA) had approved a ventilation plan for the company’s West Elk mine. The West Elk mine, which is located in Gunnison County, Colorado, has been idle since January 28, 2000, when combustion-related gases were detected there. "The approval of the ventilation plan represents one of the final steps in our efforts to resume production at West Elk," said Gene DiClaud... 
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05/26/00Arch Coal, Inc. Announces Odd-Lot Program
St. Louis, Missouri – May 26, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today a voluntary program allowing shareholders owning fewer than 100 shares of Arch Coal common stock to purchase enough additional stock to reach 100 shares or to sell all of their shares conveniently and on a cost-free basis. The program will be in effect from May 26, 2000, through June 29, 2000. Participating shareholders will pay or receive a uniform market-based price per share. Many Arch Coal shareholders owning... 
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05/17/00Arch Coal Announces Plans to Substantially Reduce Production at its Coal Creek Mine
St. Louis, Missouri – May 17, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it plans to substantially reduce production at its Coal Creek surface mine in Campbell County, Wyoming. The mine is expected to reduce production by as much as 10 million tons on an annualized basis when compared to the 11.4 million tons it produced last year, and it may eventually be idled. Arch plans to satisfy its existing Coal Creek commitments from the Black Thunder mine. "Over the last six to eight month... 
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05/04/00Arch Coal Board Declares Quarterly Dividend
St. Louis, Missouri – May 4, 2000 - The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of 5.75 cents per share on the company’s common stock. The dividend is payable June 15, 2000, to shareholders of record on May 15, 2000. Arch Coal is the nation’s second largest coal producer, with subsidiary operations in West Virginia, Kentucky, Virginia, Wyoming, Colorado and Utah. Through these operations, Arch provides the fuel for approximately 6% of the electricit... 
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05/02/00Catenary Coal Reaches Safety Milestone
Eskdale, West Virginia – May 2, 2000 - Catenary Coal Company, a subsidiary of Arch Coal, Inc. (NYSE:ACI), today announced that its R. E. Samples Mine had recently surpassed one million man-hours worked without a single lost-time accident. "The employees of the Samples Mine are to be commended for this remarkable achievement," said Peter Lawson, president of Catenary Coal Company and the general manager of the Samples Mine. "The employees at the Samples Mine have embraced safety as a core value... 
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04/24/00Arch Coal, Inc. Reports First Quarter Results
St. Louis, Missouri – April 24, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it had a net loss of $15.0 million, or $.39 per share, for its first quarter ended March 31, 2000. A substantial portion of the loss was related to its West Elk mine in Gunnison County, Colorado, which has been idle since January 28, 2000, when high levels of combustion-related gases were detected there. Results for the first quarter of 2000 compared to net income of $1.4 million, or $.04 per share, in the sam... 
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04/14/00Eaves Elected Senior Vice President, Marketing
St. Louis, Missouri – April 14, 2000 - Arch Coal, Inc. (NYSE:ACI) today announced the recent promotion of John W. Eaves to senior vice president of marketing for the corporation. Eaves will continue to act as president of Arch Coal Sales, Arch’s sales and marketing subsidiary. "This promotion reflects John’s impact on shaping the marketing philosophies the company will be implementing in the future," said Steven F. Leer, Arch Coal’s president and chief executive officer. "One of our top priori... 
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03/16/00Arch Coal, Inc. Comments on Upcoming Change in Ownership
St. Louis, Missouri – March 16, 2000 - As expected, the board of Ashland Inc. (NYSE:ASH) earlier today approved the distribution of 17.4 million shares of Arch Coal stock to the shareholders of Ashland Inc., and set March 24 as the record date for the transaction. The actual distribution is scheduled to occur on or around March 27. Ashland Inc. currently owns 22.1 million shares, or 58%, of Arch Coal’s outstanding shares. Ashland reiterated that it plans to dispose of its remaining shares in a t... 
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03/14/00Arch Coal, Inc. Reports Substantial Progress in Efforts to Reopen West Elk Mine; Temporary Idling will Adversely Affect First Quarter Results
St. Louis, Missouri – On March 14, 2000, – Arch Coal, Inc. (NYSE:ACI) announced today that it has made substantial progress in isolating the source of combustion gases at its West Elk mine in Gunnison County, Colorado, which was idled on January 28, 2000, following the initial detection of such gases. The company recently initiated an effort to seal off the source of the gases from the active mine area. "We have made excellent progress in defining the area in the mine that is the source of the... 
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03/03/00Arch Coal, Inc. Declares Dividend Distribution of Preferred Stock Purchase Rights
St. Louis, Missouri – On March 3, 2000, the board of directors of Arch Coal, Inc. (NYSE: ACI) approved the adoption of a shareholder rights plan designed to discourage takeovers that involve abusive tactics or do not provide fair value to shareholders. Similar plans have been adopted by many other publicly traded companies. "The board determined that adopting the shareholder rights plan is an effective and reasonable method to safeguard the interests of our shareholders," said Steven F. Leer, ... 
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02/24/00Arch Coal Board Declares Quarterly Dividend
St. Louis, Missouri – February 24, 2000 - The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of 5.75 cents per share on the company’s common stock. The dividend is payable March 15, 2000, to shareholders of record on March 6, 2000. "As previously announced, Arch Coal’s management team recently recommended a 50% reduction in the quarterly dividend rate, and the board of directors today accepted that recommendation," said Steven F. Leer, Arch Coal’s presiden... 
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02/24/00Arch Coal Comments on Ashland’s Plans to Distribute Shares
St. Louis, Missouri – February 24, 2000 - Earlier today Ashland Inc. (NYSE:ASH) announced that its management intends to recommend that 17.4 million of its 22.1 million shares of Arch Coal stock be distributed to Ashland shareholders in the form of a taxable dividend. The action is subject to approval by the Ashland board of directors in mid-March. Ashland said it plans to dispose of its remaining shares in a tax-efficient manner based on market conditions. Ashland first announced its interest... 
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02/03/00Arch Coal’s West Elk Mine Idled Temporarily Following Detection of Higher-than-Normal Gas Levels
St. Louis – February 3, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it has temporarily idled its West Elk underground mine in Gunnison County, Colorado, following the detection of higher-than-normal levels of carbon monoxide in a portion of the mine. Following the detection of these elevated levels around mid-day on Friday, January 28, the company immediately evacuated the mine and launched an investigation to determine the cause of these unusual readings. "Since Friday when we dete... 
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01/26/00Arch Coal, Inc. Expresses Disappointment Over Moody’s Decision to Downgrade the Company’s Credit Rating
St. Louis, Missouri – January 26, 2000 - Steven F. Leer, president and chief executive officer of Arch Coal, Inc. (NYSE:ACI), today expressed his disappointment over Moody’s decision to downgrade the company’s credit ratings. "We’re disappointed in Moody’s decision," Leer said. "Despite a very challenging coal market, Arch Coal made excellent progress in reducing its overall leverage during 1999. In total, we paid down $189.1 million in debt while reducing our lease obligations by $35.1 millio... 
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01/24/00Arch Coal, Inc. Announces One Time Charges, Reports Results for Its Fourth Quarter
St. Louis, Missouri – January 24, 2000 - Arch Coal, Inc. (NYSE:ACI) announced today that it was taking one-time charges of $344.7 million ($380.9 million pre-tax), or $9.03 per share, related principally to the write-down of assets at its Dal-Tex, Hobet 21 and Coal-Mac operations and the write-down of certain other coal reserves in central Appalachia. Included in these charges was a $16.3 million pre-tax charge related to the restructuring of the company’s administrative work force and the closu... 
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