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Massey Energy Statement on United States Supreme Court Decision

Posted on: Monday, 8 June 2009, 10:32 CDT

RICHMOND, Va., June 8 /PRNewswire-FirstCall/ -- Massey Energy Company (NYSE: MEE) today provided the following statement regarding the decision of the United States Supreme Court on the Harman case:

(Logo: http://www.newscom.com/cgi-bin/prnh/20071031/MASSEYENERGYLOGO )

"While we are disappointed in the outcome of the Court's close vote, our outlook about the ultimate resolution of this legal matter remains positive. We are confident that the Harman case was properly decided by the West Virginia Supreme Court initially and believe that any new examination of the same facts and same laws by new justices should yield the same result as before," said Shane Harvey, Massey Vice President and General Counsel.

The United States Supreme Court has determined that the West Virginia Supreme Court must revisit its 2008 ruling that reversed a 2002 verdict by the Circuit Court in Boone County to award $50 million to Harman Mining Corporation and its president, Hugh Caperton.

Massey Energy Company, headquartered in Richmond, Va., with operations in West Virginia, Kentucky and Virginia, is the fourth largest coal producer by revenue in the United States and is included in the S&P 500 Index.

FORWARD-LOOKING STATEMENTS: The foregoing release contains forward-looking statements. Such forward-looking statements reflect current analysis of existing information. Caution must be exercised in relying on forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements can be found in press releases as well as Massey's public periodic filings with the Securities and Exchange Commission, including Massey's Annual Report on Form 10-K and subsequently filed interim reports. Such filings are available either publicly or upon request from Massey's Investor Relations Department: (866) 814-6512. Massey disclaims any intent or obligation to update its forward-looking statements. For further information, please visit the Company's website at www.masseyenergyco.com.

SOURCE Massey Energy Company

Source: PR Newswire

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