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STEVEN F. LEER NAMED PRESIDENT, CHIEF EXECUTIVE OFFICER OF ARCH MINERAL

 STEVEN F. LEER NAMED PRESIDENT, CHIEF EXECUTIVE OFFICER
 OF ARCH MINERAL
 ST. LOUIS, Mo., Jan. 30 - Steven F. Leer has been named president and chief executive officer of Arch Mineral Corporation. Ashland Oil, Inc. (NYSE: ASH) and the Hunt family of Texas each own 50 percent of Arch Mineral.
 Leer, 40, replaces R.W. "Gene" Samples, who will relinquish his responsibilities as president and chief executive officer in February. Samples will continue as chairman of the board of Arch Mineral.
 Leer currently serves as senior vice president of U.S. operations for Valvoline, Inc., a subsidiary of Ashland Oil. Prior to joining Valvoline in 1990, Leer was senior vice president for marketing of Ashland Coal, Inc. (NYSE: ACI) and president of Ashland Coal International. Ashland Oil owns a 46 percent interest in Ashland Coal.
 A native of Vermillion, S.D., Leer holds a bachelor's degree in electrical engineering from the University of the Pacific in Stockton, Calif., and a master's degree in business from Washington University in St. Louis.
 "I am pleased that our owners have selected Steve as our new president," Samples said. "I indicated to our board last year that I would like to take a less active role with Arch. We are fortunate to find a chief executive with his depth of experience in our industry. I view the breadth of his background in the energy field as an additional plus. Steve will find our entire management, both in St. Louis and in the field, eager to assist him in his new role."
 Samples, 66, joined Arch Mineral in 1982 as president and chief operating officer. He became chief executive officer in 1987 and chairman in 1989.
 One of the nation's largest coal producers, Arch Mineral has operations in Illinois, Kentucky, West Virginia and Wyoming.
 /CONTACT: Blair Gardner of Arch Mineral Corporation, 314-994-2725/
 (ASH ACI) CO: Ashland Oil, Inc.; Arch Mineral Corporation; Ashland Coal, Inc. ST: Missouri IN: MNG OIL SU: PER


CD -- PG020 -- 5543 01/30/92 18:27 EST
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Publication:PR Newswire
Date:Jan 30, 1992
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