BOSTON, MA AND BEAVER, WV (August 12, 2003) -- 40-YEAR COAL INDUSTRY VETERAN WILL ENHANCE TROUT COAL'S GROWTH OPPORTUNITIES

ArcLight Capital Partners, LLC, a Boston-based private equity firm, today announced that H. Douglas (Doug) Dahl has joined Trout Coal Holdings, LLC as its Chief Executive Officer and a Member of its Management Committee.

Trout Coal is the core portfolio company for ArcLight's fund investments in the coal industry.

Mr. Dahl brings over 40 years of coal industry experience to Trout Coal, and he has held senior operating and management positions throughout the industry. During his distinguished career, Mr. Dahl has served as Executive Vice President and a member of the Board of Directors of Consolidation Coal Company, as President and Chief Operating Officer of the Drummond Company, Inc., as the President of Eastern Associated Coal Company and as Chief Operating Officer of Peabody Holding Company Inc.

Mr. Dahl is a Distinguished Member of the Society for Mining, Metallurgy and Exploration and has previously served as director of the National Coal Association, director of the West Virginia Coal Association, director of the Alabama Coal Association and director of the National Coal Council. He holds undergraduate, masters and doctoral degrees in mining engineering from the Pennsylvania State University.

Tim Elliott, a Member of Trout Coal's Management Committee, said, "The addition of Doug's exceptional experience to the existing Trout management team not only expands our company's capabilities but will also create long-term value for all of Trout Coal's customers, lessors, industry partners, and employees."

Robb Turner, Senior Partner of ArcLight and a Member of Trout Coal's Management Committee, stated, "Through greenfield development and acquisition Trout Coal has rapidly grown into a major producer of high-btu, low-sulfur coal in the Central Appalachian region. The addition of a senior manager of Doug's caliber and stature significantly enhances our ability to pursue internal and external growth opportunities while maintaining Trout's position as one of the lowest cost operators of underground coal mines in the U.S." Mr. Turner concluded, "We could not be more pleased to have Doug leading the company."

Trout Coal operates five mining operations in West Virginia producing approximately 10 million tons of high-btu, low-sulfur coal annually and is additionally pursuing development opportunities in numerous US coal basins. The company is headquartered in Beaver, WV.

ArcLight Capital Partners manages the $950 million ArcLight Energy Partners Fund I, L.P. The Fund was established to capitalize on attractive investment opportunities in the rapidly evolving power, utility and energy industry.

Additional information on ArcLight is available at the company's Web site, www.arclightcapital.com.