Peabody Statement

Peabody continues to take a number of steps to improve the business amid the
prolonged industry downturn, including pursuing the best alternatives to achieve
our financial objectives.
These actions have included extensive interactions with debt holders in recent
months, and the company expects to continue to have discussions as we
evaluate alternatives.
In Australia, Peabody provides bank guarantees to the government for
reclamation obligations.
Efforts by anti-mining groups to fuel speculation to serve their agendas are
irresponsible and misguided.