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BETHLEHEM STEEL CONFIRMS SALE OF 60,000 ACRES OF WEST VIRGINIA COAL PROPERTIES TO A. T. MASSEY SUBSIDIARIES

 BETHLEHEM STEEL CONFIRMS SALE OF 60,000 ACRES OF WEST VIRGINIA
 COAL PROPERTIES TO A. T. MASSEY SUBSIDIARIES
 BETHLEHEM, Pa., Aug. 12 /PRNewswire/ -- Bethlehem Steel Corporation (NYSE: BS) today confirmed the sale of approximately 60,000 acres of coal properties in West Virginia to subsidiaries of A. T. Massey Coal Company, Inc.
 The properties, which are held by Primeacre Land Corporation and BethEnergy Mines Inc., Bethlehem subsidiaries, are located in the counties of Boone, Kanawha, Lincoln, Logan and Raleigh.
 Bethlehem Steel last September announced its intention to sell most of its coal operations and coal reserve properties as part of its previously stated policy of divesting itself of assets not directly related to the company's core steel business.
 /delval/
 -0- 8/12/92
 /CONTACT: Bill Gignac of Bethlehem Steel, 215-694-7536/
 (BS) CO: Bethlehem Steel Corporation; A. T. Massey Coal Company, Inc. ST: Pennsylvania, West Virginia IN: MNG SU: RLE


LJ-SF -- PH033 -- 6331 08/12/92 16:08 EDT
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Publication:PR Newswire
Date:Aug 12, 1992
Words:158
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