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ASHLAND COAL WILL SEEK TO EXTEND REGISTRATION STATEMENT

 HUNTINGTON, W.Va., March 16 /PRNewswire/ -- Ashland Coal, Inc. (NYSE: ACI) announced today that certain holders of Ashland Coal common stock acquired in connection with the 1992 acquisition by Ashland Coal of Dal-Tex Coal Corporation have elected to take advantage of Ashland Coal's previously reported undertaking to maintain the effectiveness of the shelf registration statement currently registering such holders' shares for public offering for an additional year.
 It is now anticipated that a post-effective amendment to the current registration statement reflecting an additional one year offering period will be filed with the Securities and Exchange Commission after expiration of the initial offering period on April 29, 1993, and that Ashland Coal will maintain the effectiveness of the amended registration statement for a one year period commencing on the date the Commission declares the amended registration statement effective. Any offer for sale of such securities shall be made only by means of a prospectus, and this release 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.
 Dal-Tex Coal Corporation is an independent operating subsidiary of Ashland Coal, Inc.
 -0- 3/16/93
 /CONTACT: David G. Todd of Ashland Coal, 304-526-3755/
 (ACI)


CO: Ashland Coal, Inc.; Dal-Tex Coal Corporation ST: West Virginia IN: MNG SU:

CD-DM -- PG007 -- 6616 03/16/93 14:13 EST
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Publication:PR Newswire
Date:Mar 16, 1993
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