Webcast Alert: United Fuel & Energy Corp. Presentation at Informed Investors Small Cap / Growth Investors Forum to Be Webcast on Tuesday, June 7, 2005, 11:30 am ET

Business Wire, June 6, 2005

MIDLAND, Texas -- United Fuel & Energy Corp. (OTCBB: UFEN) will present at the following forum:

What:   United Fuel & Energy Corp. (OTC: UFEN.OB) will give a
        presentation at Informed Investors Small Cap / Growth
        On-line Forum.

The keynote presentation will be from Jordan Kimmel, Managing Member
of Magnet Management, and Portfolio Manager for The Magnet Fund LP.

When:   June 7, 2005 @11:30 AM Eastern Time

Where:  http://www.informedinvestors.com/IIF_Forum.asp?ForumID=89479

How:    Live over the Internet--Simply log on to the web at the
        address above.

Contact: Lisa Elliott, lelliott@drg-e.com, (713)529-6600

If you are unable to attend the live event, the forum will be available via webcast at http://www.informedinvestors.com/IIF_Forum.asp?ForumID=89479

United Fuel, located in Midland, Texas, is engaged in the business of distributing gasoline, diesel, propane and lubricant products primarily in certain rural markets of Texas and Eastern New Mexico. United Fuel represents the consolidation of three companies, the most significant of which is the Eddins-Walcher Company. Eddins-Walcher has been in business since 1937, has a reputation of reliability with its customers and currently represents approximately 90% of United Fuel's consolidated revenues. United Fuel intends to continue to expand its business through strategic acquisitions.

United Fuel currently engages in the following activities:

--Card-lock operation (unattended re-fueling of commercial vehicles).

--Wholesale fuels and lubricants (to commercial customers).

--Propane distribution (to commercial and residential users).

United Fuel conducts its operations through 14 branch locations and 58 card-lock (unattended) fuel sites. United Fuel currently has approximately 200 full-time employees.