Mr. Murray's Outline of America's Future

Mr. Murray's Outline of America's Future:

What I foresee in America, by Robert E. Murray:

- Drastically reduced economic activity

- Reduced electric power consumption

- Even more drastically reduced coal markets with even worse coal pricing

- Total destruction of the coal industry by 2030

- Enactment of 12 regulations pending from the Obama Administration from the U.S. EPA alone

- Per Sen. James Inhofe, three (3) regulations - greenhouse gas, utility MACT and coal ash - will cost America $600 billion alone

- Likely a carbon tax will be forced to subsidize the government and "receivers" (Obama supporters) in the total destruction of the coal industry, again, the latter as early as 2030

- All coal companies are performing drastically worse than their CEOs and Boards want to report, and this is understandable with their concerns for their stock prices and refinancing

- Most public companies will not be able to continue to emphasize any positive that they have, while avoiding the negatives in their statements and opinions

- The markets will soon take this ability away from these public CEOs and Directors

- Of course, private companies will abandon this business

- We must prepare for this today, and we cannot bleed cash waiting for our competitors to be eliminated

- We must totally go into a survival mode and generate all the cash that we can from whatever we still have left that can help us

- We must tear down all structures in Murray Energy and reassemble them

- While putting Murray Energy into a survival mode, I will be fighting allegations from radical Obama supporters that you know are blatantly false and were inspired only to shut down our opposition to them on behalf of our employees, your area, and our country

- We must be passionate and austere in all that we do.

Murray Energy Corp.

Robert E. Murray

Chairman, President and Chief Executive Officer