Foundation Coal to Appear At Raymond James Conference

Foundation Coal Holdings, Inc. (NYSE:FCL) today announced that its senior vice president and chief financial officer, Frank J. Wood, will speak at Raymond James’ 27th Annual Institutional Investors Conference in Orlando, Florida on March 8, 2006. Interested investors can access a live audio webcast of the presentation at 10:25 AM EST at:

http://www.wsw.com/webcast/rj19/fcl/ .

A replay of the webcast will be available for 90 days at this site.

Foundation Coal Holdings, Inc., through its affiliates, is a major U.S. coal producer with 13 coal mines and related facilities in several states including Pennsylvania, West Virginia, Illinois, and Wyoming. Through its subsidiaries Foundation Coal employs approximately 2,900 people and produces approximately 67 million tons annually, largely for utilities generating electricity. Foundation’s corporate offices are in Linthicum Heights, MD.