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ASHLAND COAL AUTHORIZES AMENDMENT OF REGISTRATION STATEMENT

 HUNTINGTON, W.Va., Jan. 5 /PRNewswire/ -- Ashland Coal, Inc. (NYSE: ACI) announced today it has notified holders of shares of its restricted stock issued in private placements in April 1992, in connection with the acquisition of Dal-Tex Coal Corporation that Ashland Coal will, if requested to do so by any of such holders, extend the agreed April 29, 1993, expiration date of the registration statement under which those shares were originally registered for sale to the public by such holders. The registration statement was filed on April 6, 1992, and covered 1,950,000 shares.
 The amendment would only be filed if one or more of the holders requests such extension, and if filed, the amended registration statement would only cover the balance of the registered shares held by requesting holders not sold prior to the filing of the amendment. It is anticipated any amendment would be filed with the Securities and Exchange Commission in early March, 1993. If the amendment is filed and declared effective, Ashland Coal intends to maintain the effectiveness of the registration statement until the earlier of April 29, 1994, or the date on which all the common stock registered thereon has been sold pursuant to the registration statement, as amended.
 Any offer for sale of the securities referred to herein shall only be made by means of a prospectus. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Ashland Coal, Inc. is engaged in the mining, processing and sale of low-sulfur coal, and markets its coal principally to electric utilities in the eastern United States and into the export markets.
 -0- 1/5/93
 /CONTACT: David G. Todd of Ashland Coal, 304-526-3755/
 (ACI)


CO: Ashland Coal, Inc. ST: West Virginia IN: MNG SU:

CD-AL -- PG008 -- 1905 01/05/93 16:42 EST
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Publication:PR Newswire
Date:Jan 5, 1993
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