Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Alliance Holdings
GP, L.P. (NASDAQ: AHGP) today announced that Joseph W. Craft, III,
President and Chief Executive Officer, will make a presentation at the 1st
Annual Raymond James Coal Investors Conference in New York City at
approximately 8:30 a.m. Eastern time on Thursday, December 4, 2008.
The audio portion of Mr. Craft's presentation will be available via
webcast at http://www.wsw.com/webcast/rj41/arlp/
and for replay for 30 days following the conference. The related
presentation will also be available December 4, 2008 on both ARLP's
website (http://www.arlp.com)
and AHGP's website (http://www.ahgp.com)
under "Investor Information” and "Investor Presentations.”
About Alliance Resource Partners, L.P.
ARLP is a diversified producer and marketer of coal to major United
States utilities and industrial users. ARLP, the nation's only publicly
traded master limited partnership involved in the production and
marketing of coal, is currently the fifth largest coal producer in the
eastern United States. ARLP currently operates eight mining complexes in
Illinois, Indiana, Kentucky, Maryland and West Virginia. We are
constructing mining complexes in Kentucky and West Virginia, and also
operate a coal loading terminal on the Ohio River at Mt. Vernon, Indiana.
News, unit prices and additional information about ARLP, including
filings with the Securities and Exchange Commission, are available at http://www.arlp.com.
For more information, contact the investor relations department of
Alliance Resource Partners at (918) 295-7674 or via e-mail at investorrelations@arlp.com.
About Alliance Holdings GP, L.P.
AHGP is a limited partnership formed to own and control Alliance
Resource Management GP, LLC, the managing general partner of ARLP,
through which it holds a 1.98% general partner interest and the
incentive distribution rights in ARLP. In addition, AHGP owns 15,544,169
common units of ARLP.
News, unit prices and additional information about AHGP including
filings with the Securities and Exchange Commission, are available at http://www.ahgp.com.
For more information, contact the investor relations department of
Alliance Holdings GP at (918) 295-1415 or via e-mail at investorrelations@ahgp.com.
The statements and projections used throughout this release, and in the
materials referenced herein, are based on current expectations. These
statements and projections are forward-looking, and actual results may
differ materially. These projections do not include the potential impact
of any mergers, acquisitions or other business combinations that may
occur after the date of this release. At the end of this release, we
have included more information regarding business risks that could
affect our results.
FORWARD-LOOKING STATEMENTS:
With the exception of historical
matters, any matters discussed in this press release and the materials
referenced herein are forward-looking statements that involve risks and
uncertainties that could cause actual results of Alliance Resource
Partners, L.P. ("ARLP") and, in turn, Alliance Holdings GP, L.P. to
differ materially from projected results.
These risks,
uncertainties and contingencies include, but are not limited to, the
following: increased competition in coal markets and ARLP's ability to
respond to the competition; fluctuation in coal prices, which could
adversely affect ARLP's operating results and cash flows; risks
associated with the expansion of ARLP's operations and properties;
deregulation of the electric utility industry or the effects of any
adverse change in the coal industry, electric utility industry, or
general economic conditions; dependence on significant customer
contracts, including renewing customer contracts upon expiration of
existing contracts; customer bankruptcies and/or cancellations or
breaches to existing contracts; customer delays or defaults in making
payments; fluctuations in coal demand, prices and availability due to
labor and transportation costs and disruptions, equipment availability,
governmental regulations and other factors; ARLP's productivity levels
and margins that ARLP earns on its coal sales; greater than expected
increases in raw material costs; greater than expected shortage of
skilled labor; any unanticipated increases in labor costs, adverse
changes in work rules, or unexpected cash payments associated with
post-mine reclamation and workers’ compensation claims; any
unanticipated increases in transportation costs and risk of
transportation delays or interruptions; greater than expected
environmental regulation, costs and liabilities; a variety of
operational, geologic, permitting, labor and weather-related factors;
risks associated with major mine-related accidents, such as mine fires
or interruptions; results of litigation, including claims not yet
asserted; difficulty maintaining ARLP's surety bonds for mine
reclamation as well as workers’ compensation and black lung benefits;
coal market's share of electricity generation; prices of fuel that
compete with or impact coal usage, such as oil or natural gas;
legislation, regulatory and court decisions and interpretations thereof,
including but not limited to issues related to climate change; the
impact from provisions of The Energy Policy Act of 2005; the impact from
provisions of or changes in enforcement activities associated with the
Mine Improvement and New Emergency Response Act of 2006 as well as any
subsequent federal or state legislation or regulations; replacement of
coal reserves; a loss or reduction of the direct or indirect benefits
from certain state and federal tax credits; difficulty obtaining
commercial property insurance, and risks associated with ARLP's
participation (excluding any applicable deductible) in the commercial
insurance property program; and unavailability of financing resulting in
unanticipated liquidity restraints.
Additional information concerning these and other factors can be
found in Alliance Resource Partners, L.P.'s public periodic filings with
the Securities and Exchange Commission ("SEC”), including Alliance
Resource Partners, L.P.'s and Alliance Holdings GP, L.P.'s Annual Report
on Form 10-K for the year ended December 31, 2007, filed on February 29,
2008 and March 7, 2008, respectively with the SEC.
Except as
required by applicable securities laws, Alliance Resource Partners, L.P.
and Alliance Holdings GP, L.P. do not intend to update their
forward-looking statements.