Westmoreland Announces Commencement of Exchange Offer for 10.75% Senior Secured Notes Due 2018

Westmoreland Coal Company WLB today announced that it has commenced a registered exchange offer to exchange any and all of its $150,000,000 aggregate principal amount of 10.75% Senior Secured Notes due 2018 that were issued in a private placement for an equal principal amount of its 10.75% Senior Secured Notes due 2018 that have been registered under the Securities Act of 1933, as amended. The exchange offer is being made to satisfy Westmoreland's obligations under a registration rights agreement entered into on February 4, 2011 in connection with the issuance of the Original Notes, and does not represent a new financing transaction. The Company will not receive any further proceeds from the exchange offer.