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Walter Energy Names Galleria Tower at Riverchase Galleria in Hoover, Ala. as Headquarters Location
TAMPA, FL, Jan 25, 2010 (MARKETWIRE via COMTEX) -- Walter Energy (NYSE: WLT), a leading U.S. producer and exporter of premium coking coal for the global steel industry, announced today that it has signed a lease at the Galleria Tower at Riverchase Galleria in Hoover, Ala., a suburb of Birmingham, as its new headquarters location.

The Company will occupy the top two floors of the Galleria Tower, located at 3000 Riverchase Galleria, Hoover, AL 35244 where it expects to office approximately 100 employees.

"The Galleria Tower offers excellent Interstate access to all of our Alabama locations and the area has many amenities to serve our employees," said Walter Energy Chief Executive Officer Victor P. Patrick. "We look forward to starting this next chapter in our Company's long and proud history as the Birmingham area's newest corporate citizen."

Walter Energy said it expected to open the new location late in the second quarter 2010.

About Walter Energy

Walter Energy is a leading U.S. producer and exporter of premium coking coal for the global steel industry and also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas. The Company has revenues of approximately $1.2 billion and employs approximately 2,100 people. For more information about Walter Energy, please visit the Company website at www.walterenergy.com.

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SOURCE: Walter Energy