Foundation Coal to Appear At Morgan Stanley Small Cap Executive Conference

Business Wire, June 7, 2005

LINTHICUM HEIGHTS, Md. -- Foundation Coal Holdings, Inc. (NYSE:FCL) today announced that its president and chief executive officer, James F. Roberts, will speak at Morgan Stanley's Small Cap Executive Conference to be held on June 13, 2005 at the Ritz Carlton New York, Battery Park. Interested investors can access a live audio webcast of the presentation at 2:45 PM at: www.corporate-ir.net/ireye/confLobby.zhtml?ticker=FCL&item_id=1068264 A replay of the webcast will be available for 30 days at this site. In addition, Foundation will post a link to the webcast replay on the investor page of its corporate website at: www.foundationcoal.com.

Foundation Coal Holdings, Inc. is a major U.S. coal producer with 13 coal mines and related facilities in several states including Pennsylvania, West Virginia, Illinois, and Wyoming. Through its subsidiaries Foundation Coal employs approximately 2,700 people and produces approximately 67 million tons annually, largely for utilities generating electricity. Foundation's corporate offices are in Linthicum Heights, MD.