Company Profile For Walter Energy, Inc.

Walter Energy, Inc. (Walter Energy), formerly Walter Industries, Inc., is a producer and exporter of premium United States metallurgical coal for the global steel industry. The Company also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas. The Company, through its operating segments, offers products and services, including coal and natural gas, metallurgical coke, mortgage financing and home construction. Its segments include Natural Resources, Sloss, Financing, Homebuilding and Other. The Natural Resources segment consists primarily of Jim Walter Resources, Inc., Tuscaloosa Resources, Inc., Taft Coal Sales & Associates and United Land Corporation. The Financing segment includes Walter Mortgage Company, services non-conforming instalment notes and loans that are secured by mortgages and liens. The Homebuilding segment includes Jim Walter Homes, Inc., which is an on-your-lot homebuilder. On September 2, 2008, it acquired Taft Coal Sales & Associates.

BRIEF: For the nine months ended 30 September 2009, Walter Energy, Inc.'s revenues decreased 7% to $730.6M. Net income from continuing operations decreased 19% to $108.6M. Revenues reflect a decrease in revenues from Walter Coke segment. Net income also reflects an increase in selling, general & administrative expense, higher depreciation expenses, an increase in amortization of intangibles and lower income from operation.

Walter Energy, Inc.
4211 W. Boy Scout Boulevard
Tampa   FL   33607
P: +1813.8714811
F: +1813.8714399

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