2001 News Releases

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12/13/01Arch Coal Announces Additional Investment in ZECA Corporation
St. Louis - December 13, 2001 - Arch Coal, Inc. (NYSE:ACI) today announced that it will invest an additional $100,000 in ZECA Corporation, successor to the Zero Emission Coal Alliance, over the next two years. ZECA is comprised of coal producers, power generators, mining companies and scientific organizations that are working together to develop an emission-free process for producing electricity from coal. Arch is a founding member of ZECA. "We are excited about the work that the alliance is ... 
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10/25/01Arch Coal Board Declares Quarterly Dividend
FOR FURTHER INFORMATION: Deck S. Slone Vice President, Investor and Public Relations (314) 994-2717 October 25, 2001 Arch Coal board declares quarterly dividend St. Louis - October 25, 2001 - The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of $.0575 per share on the company's common stock. The dividend is payable December 14, 2001, to shareholders of record on December 5, 2001. Arch Coal is the nation's second largest coal producer, w... 
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10/22/01Arch Coal, Inc. Reports Third Quarter Results
Highlights: Net loss of $8.1 million, or $.15 per share, vs. a net loss of $5.2 million, or $.14 per share, in 3Q00 Adjusted EBITDA of $58.6 million, vs. $76.1 million in 3Q00 Revenues of $353.3 million, vs. $359.3 million in 3Q00 Coal sales of 27.1 million tons, vs. 26.8 million tons in 3Q00 Remaining available production for 2002 committed and priced; also committed and priced a substantial amount of tonnage for delivery in 2003 357,200 shares repurchased at an average price of... 
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10/09/01Arch Coal's Third Quarter Conference Call to be Broadcast on Internet
Arch Coal’s Third Quarter Conference Call to be Broadcast on InternetFOR FURTHER INFORMATION: Deck S. Slone Vice President, Investor and Public Relations (314) 994-2717 October 9, 2001 Arch Coal's third quarter conference call to be broadcast on Internet St. Louis - October 9, 2001 - Arch Coal, Inc. (NYSE:ACI) will discuss its third quarter financial results in a conference call that will be broadcast live over the Internet on Monday, October 22, 2001, at 11 a.m. Eastern time. Parti... 
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09/27/01Arch Coal Announces 2002 Teacher Recognition Program
St. Louis – September 27, 2001 - Arch Coal, Inc. (NYSE:ACI) today announced it would continue its unique teacher recognition program in West Virginia, according to John Snider, the company’s director of external affairs. The company has begun mailing nomination materials to hundreds of locations throughout West Virginia. The company will provide $2,500 awards to each of 10 recipients from around the state. “The Arch Coal Teacher Achievement Awards program is one of the longest running teacher ... 
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09/17/01Arch Coal Announces Second Year Sponsorship of Teacher Awards Program
September 17, 2001 - Arch Coal, Inc. announced today it will sponsor a second year of its Arch Coal Teacher Achievement Awards in Wyoming, according to Greg Schaefer, the company’s Director of External Affairs, Western Operations. The program provides 10 Wyoming teachers with $2,500 cash awards. “Our teacher recognition program met with huge success in its inaugural year,” said Arch Coal president and chief executive officer Steven F. Leer. “It is apparent that Wyoming has many excellent cla... 
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09/15/01Arch Coal Board Authorizes Stock Repurchase Program
St. Louis - September 15, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that its board of directors has authorized the company to repurchase up to 6,000,000 shares of Arch Coal common stock, effective immediately. The timing of any purchases, and the exact number of shares to be purchased, will be dependent on market conditions. "We have great confidence in U.S. financial markets now and in the future, and in Arch's strategic low-sulfur coal position," said Steven F. Leer, Arch Coal's pres... 
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09/06/01Arch Coal, Inc. Provides Update on West Elk Mine and Additional Guidance on Earnings For Remainder of 2001
Deck S. Slone Vice President, Investor and Public Relations (314) 994-2717 Arch Coal, Inc. provides update on West Elk mine and additional guidance on earnings for remainder of 2001 St. Louis - September 6, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it continues to make progress in its efforts to combat high levels of methane that are impeding production at its West Elk mine in Colorado. "Through an intensive degasification program that includes both surface and in-mine dri... 
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07/26/01Arch Coal Board Declares Quarterly Dividend
St. Louis - July 26, 2001 - The board of directors of Arch Coal, Inc. (NYSE:ACI) today declared a quarterly dividend of $.0575 per share on the company's common stock. The dividend is payable September 14, 2001, to shareholders of record on September 5, 2001. 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 electricity ... 
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07/20/01Arch Coal, Inc. Reports Second Quarter Results
FOR FURTHER INFORMATION: Deck S. Slone Vice President, Investor and Public Relations (314) 994-2717 July 20, 2001 Arch Coal, Inc. reports second quarter results Highlights: - Net income of $800,000, or $.02 per share, vs. a net loss of $2.1 million, or $.06 per share, in 2Q00 - Adjusted EBITDA of $68.3 million, vs. $80.8 million in 2Q00 - Total debt reduction in the quarter of $284.1 million, or 27% - Reduction of debt-to-total-capitalization ratio, from 77% at March 31 to 57% - Revenues... 
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06/04/01Arch Coal Names 17 West Virginia Teachers Recipients of Golden Apple Award
June 4, 2001 Seventeen West Virginia teachers today were named recipients of the Arch Coal, Inc. Golden Apple Achiever Award. “The Golden Apple Achiever Award is presented to teachers who received very high scores in the Teacher Achievement Award competition and narrowly missed being named an award winner this year,” said Deck S. Slone, Vice President of Investor and Public Relations. “In many cases, the Golden Apple Achiever recipients were only tenths of a percentage point away from receivi... 
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05/11/01Arch Coal, Inc. Announces Fourth Annual Teacher Achievement Award Recipients in West Virginia
Charleston, W.Va. – May 11, 2001 - In a ceremony today at the state Capitol, 10 teachers from around the state received an Arch Coal, Inc. Teacher Achievement Award. It was the fourth year Arch Coal has presented the teacher recognition awards. Arch Coal President and Chief Executive Officer Steven F. Leer was joined in honoring the teachers by Governor Bob Wise, State Superintendent of Schools Dr. David Stewart and West Virginia Education Association President Tom Lange. Each teacher received... 
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05/11/01Arch Coal, Inc. Announces Teacher Achievement Award Recipients in Wyoming
Casper - May 11, 2001 - In a ceremony today at McKinley Elementary School, surrounded by hundreds of children, 10 teachers from around the state received an Arch Coal, Inc. Teacher Achievement Award. Arch Coal Vice President Terry O’Connor was joined in honoring the teachers by Governor Jim Geringer, State Superintendent of Schools Judy Catchpole and Wyoming Education Association President Gary McDowell. Each teacher received a $2,500 cash award, in addition to two awards that showcase his or ... 
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05/09/01Arch Coal Completes Public Stock Offering
FOR FURTHER INFORMATION: Deck S. Slone Vice President, Investor and Public Relations (314) 994-2717 May 9, 2001 Arch Coal completes public stock offering St. Louis - May 9, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it has completed a public stock offering of 8,500,000 shares of its common stock at a price of $33 per share. The net proceeds of the offering, which totaled $266.3 million after the underwriter's discount and expenses, were applied to reduce the company's outst... 
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05/03/01Arch Coal Prices Public Offering of Common Stock
St. Louis - May 3, 2001 - Arch Coal, Inc. (NYSE:ACI) today announced the pricing, at $33.00 per share, of a public offering of 8,500,000 shares of its common stock, par value $.01 per share. The company has also granted the underwriters an option to purchase up to an additional 1,275,000 shares at the same price for a period of up to 30 days to cover over-allotments. The stock will be issued under the company's universal shelf registration statement that was filed on April 11, 2001. Merrill Lync... 
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04/26/01Arch Coal Board Declares Quarterly Dividend
FOR FURTHER INFORMATION: Deck S. Slone Director, Investor Relations and Public Affairs (314) 994-2717 April 26, 2001 Arch Coal board declares quarterly dividend St. Louis - April 26, 2001 - 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, 2001, to shareholders of record on June 5, 2001. Arch Coal is the nation's second largest coal producer, with su... 
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04/26/01Robert G. Potter, Retired Chairman and CEO of Solutia Inc., Joins Board of Arch Coal, Inc.
FOR FURTHER INFORMATION: Deck S. Slone Director, Investor Relations and Public Affairs (314) 994-2717 April 26, 2001 Robert G. Potter, retired chairman and CEO of Solutia Inc., joins board of Arch Coal, Inc. St. Louis - April 26, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that Robert G. Potter, 62, had been elected to its board of directors at the company's annual meeting of shareholders. Mr. Potter is the retired chairman and chief executive officer of Solutia Inc., a produce... 
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04/23/01Arch Coal, Inc. Reports First Quarter Results
Highlights: Net income of $6.1 million, or $.15 per share, vs. a net loss of $15.0 million, or $.39 per share, in 1Q00 Adjusted EBITDA of $80.3 million, vs. $63.6 million in 1Q00 Total debt reduction of $98.7 million, or 9% Revenues of $381.4 million, vs. $357.8 million in 1Q00 Coal sales of 27.2 million tons, vs. 27.8 million tons in 1Q00 St. Louis - April 23, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it had net income of $6.1 million, or $.15 per share, for its first ... 
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04/12/01Arch Coal Files Universal Shelf Registration Statement
St. Louis - April 12, 2001 - Arch Coal, Inc. (NYSE: ACI) announced today that it has filed with the Securities and Exchange Commission a new universal shelf registration statement to allow it to offer, from time to time in the future, up to $750 million in debt securities, preferred stock, depositary shares, common stock and related rights and warrants. The securities may be offered separately or as units with other securities, in one or more separate offerings. They may be offered in amounts,... 
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03/28/01Arch Coal Expects First Quarter Earnings to Exceed Analyst Expectations; Encounters Challenges Following West Elk Longwall Move
Deck S. Slone Director, Investor Relations and Public Affairs (314) 994-2717 March 28, 2001 Arch Coal expects first quarter earnings to exceed analyst expectations; encounters challenges following West Elk longwall move St. Louis - March 28, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it expects its earnings for the first quarter ended March 31, 2001, to exceed the consensus estimate of 4 cents per share. The company currently expects first quarter net income of between 1... 
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02/22/01Arch Coal Board Declares Quarterly Dividend
St. Louis - February 22, 2001 - 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, 2001, to shareholders of record on March 5, 2001. The Arch Coal board also set the date for the company's annual shareholders meeting, which will take place at the company's corporate headquarters in St. Louis on April 26, 2001. Shareholders of record on March 12, 2001, will be eligible ... 
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02/22/01Arch Coal Completes Primary Stock Offering
St. Louis - February 22, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it has completed a primary offering of 5,170,797 shares of stock at a sale price of $19 per share. The offering was conducted in conjunction with a secondary offering by Ashland Inc., in which Ashland sold its remaining 4,756,968 shares of Arch stock. The net proceeds of the primary offering, after the underwriter's discount, totaled $93.2 million. The entire amount will be used to pay down debt. "We view this tr... 
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02/08/01Arch Coal, Inc. to Offer Shares of Common Stock
St. Louis - February 8, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it has filed an amended registration statement with the Securities and Exchange Commission relating to an offering of 7,000,000 shares of common stock. The offering will be underwritten by Merrill Lynch & Co. Of the shares being offered, 2,243,032 shares will be sold by the company and 4,756,968 shares will be sold by Ashland Inc. In connection with the amended registration statement, the company also file... 
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01/24/01Arch Coal, Inc. Reports Fourth Quarter Results
St. Louis - January 24, 2001 - Arch Coal, Inc. (NYSE:ACI) announced today that it had net income of $9.6 million, or $.25 per share, for its fourth quarter ended December 31, 2000. In comparison, Arch had a net loss of $348.4 million, or $9.12 per share, in the same quarter of 1999. Results for the year-ago quarter included a one-time charge of $344.7 million related principally to the write-down of certain impaired assets in West Virginia and Kentucky. Arch had revenues of $347.4 million and ... 
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01/05/01Arch Coal, Inc. Teacher Awards Nomination Phase Ends Jan. 22
January 5, 2001 - The Arch Coal, Inc. Teacher Achievement Awards nomination phase ends Jan. 22, 2001, according to Arch Coal vice president Terry O'Connor. "I hope there's a last minute rush of nominations," O'Connor said. "We are pleased with the number of nominations we've received so far, but we know there are many more outstanding teachers in West Virginia who deserve to be nominated." One of the unique features of the Arch Coal awards for teachers is that the public makes nominations. A... 
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