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News Release

Arch Coal CEO to Speak at Energy Conference on September 8, Live Webcast Available
ST. LOUIS (September 7, 2004) - Arch Coal, Inc. (NYSE:ACI) today announced that its President and Chief Executive Officer, Steven F. Leer, will speak at Lehman Brothers' 2004 CEO Energy/Power Conference in New York City on Wednesday, September 8. Leer will outline the company's strategic direction.

Interested investors can access a live audio webcast of the presentation at 3:05 p.m. E.T. on Sept. 8 at: http://customer.nvglb.com/LEHM002/090704a_rk/default.asp?entity=ArchCoal.

A replay of the webcast also will be available at the same URL for 90 days.

St. Louis-based Arch Coal is the nation's second largest coal producer and mines low-sulfur coal exclusively. Through its subsidiary operations in West Virginia, Kentucky, Virginia, Wyoming, Colorado and Utah, Arch provides the fuel for approximately 7 percent of the electricity generated in the United States.