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ASHLAND COAL FILES SHELF REGISTRATION FOR 1,950,000 SHARES OF COMMON STOCK

 ASHLAND COAL FILES SHELF REGISTRATION
 FOR 1,950,000 SHARES OF COMMON STOCK
 HUNTINGTON, W.Va., April 6 /PRNewswire/ -- Ashland Coal, Inc. (NYSE: ACI) announced today that it has filed with the Securities and Exchange Commission (SEC) a shelf registration statement under which certain of its shareholders may sell up 1,950,000 shares of Ashland Coal common stock, par value $0.01. The holders of such shares, at their election and for their own respective accounts, may offer the shares for sale from time to time during the effectiveness of the registration statement, including in transactions on the New York Stock Exchange at prevailing market prices.
 Any offering will be made only by means of a written prospectus delivered by the selling security holder, copies of which are available by request to Roy F. Layman, secretary, Ashland Coal, Inc., 2205 Fifth Street Road, Huntington, W.Va., 25701.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may any offer to buy be accepted prior to the time the registration statement becomes effective.
 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- 4/6/92
 /CONTACT: David G. Todd, vice president, external affairs of Ashland Coal, 304-526-3755/
 (ACI) CO: Ashland Coal, Inc. ST: West Virginia IN: MNG SU: OFR


PS -- NY094 -- 5619 04/06/92 19:10 EDT
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Publication:PR Newswire
Date:Apr 6, 1992
Words:314
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