AGREEMENT WITH EAST KENTUCKY POWER COOPERATIVE, INCORPORATED On October 26, 2004, our Tennessee subsidiary, National Coal Corporation, entered into a Coal Supply Agreement with East Kentucky Power Cooperative, Incorporated ("EKP"). The Agreement provides that National Coal Corporation will sell, and EKP will purchase, a specified amount of coal at fixed prices over the four year term of the Agreement. No other material relationships exist between the issuer or National Coal Corporation and EKP.
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