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By Todd A. Myers

Forward Looking Statement Disclaimer This presentation may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about the Company's vision, strategy, operations, growth, development and any other statements containing the words, "believes, " "expects, " "anticipates, " "plans, " "estimates, " and similar expressions. There are a number of factors that could cause Westmoreland Coal Company's actual results to differ materially from those indicated by such forward-looking statements including, but not limited to: general economic and business conditions; healthcare cost trends; the Company's ability to manage growth and significantly expanded operations; the ability of the Company to implement its business strategy; the Company's ability to pay the preferred stock dividends that are accumulated but unpaid; the Company's ability to retain key senior management; the Company's access to financing; the Company's ability to maintain compliance with debt covenant requirements; the Company's ability to successfully identify new business opportunities; the Company's ability to achieve anticipated cost savings and profitability targets; the Company's ability to utilize its tax net operating losses; demand for electricity; the effect of regulatory and legal proceedings; and other factors identified in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date such statement was first made.

Jan 1, 2008

By Charlie Monroe

Savage Company History ?C.A. Savage & Son was founded in American Fork, Utah in 1946 by Kenneth Savage and his father. ?Kenneth?s brothers, Neal and Luke joined the company soon after, and remain involved today. ?Since 1988, the company has focused on its strength, expertise in providing high-quality Operating Services & Logistics Management. ?Today, Savage provides comprehensive services in the following Industries: ?Crude Oil Refining ?Sulphur & Fertilizers ?Coal Production and Mining ?Electric Power Production ?Industrial/Chemical Services ?Lumber and Forest Products ?Railroads

Jan 1, 2005

Jan 1, 1994

Jan 1, 1992

Jan 1, 1977

Jan 1, 1927

Jan 1, 1929

Jan 1, 1988

[WILLIAM LITTLEJOHN President Castle Gate, Utah BENEDICT SHUBART Secretary-Treasurer 521 Boston Bldg., Denver, Colo. .JAMES DALRYMPLE Vice-President for Colorado State Office Bldg., Denver, Colo. HORACE MOSES Vice-President for New Mexico Gamerco, New Mexico .J. B. FORRESTER Vice-President for Utah Hiawatha, Utah P. H. BURNELL Vice-President for Wyoming First National Bank Bldg., Ogden, Utah EXECUTIVE BOARD COLORADO: J. B. DICK Walsenburg R. A. McALLISTER Trinidad NEW MEXICO: W. W. RISDON Albuquerque J. B. MORROW Dawson UTAH: CHAS. LEGER Rolapp R. R. KIRKPATRICK Sunnyside -WYOMING: F. L. McCARTY Rock Springs J. C. RAE Gebo]

Jan 1, 1924

By Kraig R. Naasz

Jan 1, 2008

Kenneth M. Payne RMCMI PRESIDENT 1994-1995 on behalf of the RMCMI Board of Directors and Officers of The Rocky Mountain Coal Mining Institute cordially invites you and your family to attend the 91st Regular Meeting and Convention to be held June 25 thru 27, 1995 Crested Butte, Colorado

Jan 1, 1994

[Mr. Houston T. Aars Carter Mining Co PO8 3007 Gillette, WY 82716 Mr. Jay Abbott Union Supply Co 7458 S Jackson St Littleton. CO 80122 Mr. Ronald H. Achziger Midwest Rbr & Sply Co 6404 E 39th Ave Denver, CO 80207 Mr. Randy Acre Dorchester Coal Co 9350 E Arapahoe Rd Englewood, CO 80112]

Jan 1, 1983

By Robert E. Hanes

Coal Perspectives We are the ?Saudi Arabia of Coal Reserves? (Billions of Short Tons) [ ] However, China & India have added approximately one half of the U.S. installed base capacity for electrical generation, in TWO YEARS ? and it took us some 50-60 years to install our coal fleet.

Jan 1, 2008

[ACC, Inc. Bucyrus-Erie Company CINCO (Coal Industry Consultants, Inc.) Coal Magazine Colowyo Coal Company Coors Ceramic Company Crane & Hoist Sales, Inc. Cummins Power. Inc. Cummins Southwest, Inc. Cyprus Coral Company Denver & Rio Grande Western Railroad Company Energy Fuels Corporation FMC Corp.- MHE Division Ford. Bacon & Davis Inc. T.J. Gundlach Machine Company Hemscheidt American Corp. GH Hensley Industries Honnen Equipment Company Jennmar Corporation Soy Technologies, Inc. K&P Sales Engineers, Inc. Kennametal, Inc. Kerr McGee Coal Corp. McLanahan Corporation National Mine Service Company Peabody coal Company Pitrsburg & Midway Coal Mining Co. Pyramid Parts, Div. American Alloy Ramsey Technology. Inc. Roberts & Schaefer Company Santa Fe Pacific Coal Corporation Scandura. Inc. Tamarron Resort TIC (The Industrial Company) Tribol Utah Power & Light Western Energy Company]

Jan 1, 1988

[HORACE MOSES President Gamerco, New Mexico BENEDICT SHUBART Secretary-Treasurer 521 Boston Bldg., Denver, Colorado ROBT. L. HAIR Vice-President for Colorado VIRGIL R. McKNIGHT Vice-President for New Mexico A. E. GIBSON Vice-President for Utah THOS. FOSTER Vice-President for Wyoming EXECUTIVE BOARD COLORADO: J. B. DICK Walsenburg C. M: BILLINGTON Lafayette NEW MEXICO: W. C. HOLMAN Dawson ROBT. WYPER Gallup UTAH: R. R. KIRKPATRICK Sunnyside GEO. A. SCHULTZ Latuda WYOMING EDWARD BOTTOMLEY Kleenburn QUINCE RICE Superior]

Jan 1, 1926

Jan 1, 1980

[Arsulich, Thomas Mechanical Engineer, S.A.E. House, Laramie, Wyoming Barrett, A. Lee joy Mfg., Co., Research Engineer, Franklin, Pa. Bartlett, Rulon Salesman, 265 S. Seventh East, Salt Lake City, Utah Beauchamp, Paul N Goodman Mfg. Co., Sales Engineer, 2509 S. Monroe, Denver, Colorado Boyle, J. J Mine Superintendent, Roundup, Montana ?Burnell, Patrick H Gebo, Wyoming]

Jan 1, 1950

[ ] Digital images of the highwall are taken from the spoils bench. Two images of the same highwall segment are are taken from two different locations. The resulting overlapping images are used to create a three-dimensional image of that section of highwall.

Jan 1, 2005

Jan 1, 1974

By NA N/A

Jan 1, 1931