James River Coal Company

James River Coal Company is listed on NASDAQ (JRCC). We mine, process and sell bituminous, low sulfur, steam- and industrial-grade coal through five operating subsidiaries (mining complexes) located throughout Eastern Kentucky. Our five mining complexes include 17 mines and seven preparation plants, five of which have integrated rail loadout facilities and two of which use a common loadout facility at a separate location. In 2004, our mines produced 8.5 million tons of coal, and we purchased another 330,000 tons for resale. Of the 8.5 million tons produced, approximately 96.5% came from underground mines, while the remaining 3.5% came from surface mines. Approximately 83.4% of our revenues were generated from coal sales to electric utility companies and 16.6% came from coal sales to industrial and other companies or from synfuel handling fees. In 2004 we generated revenues of $345.6 million and income before reorganization items and income taxes of $9.8 million.

James River Group Inc.

James River Group Inc. is listed on NASDAQ (JRVR). WHO WE ARE James River is an insurance holding company that owns and manages specialty property-casualty insurance companies with the objective of consistently earning underwriting profits. We currently underwrite in two specialty areas: [[Image Removed]] [[Image Removed]] [[Image Removed]] excess and surplus lines in 48 states and the District of Columbia; and [[Image Removed]] [[Image Removed]] [[Image Removed]] workers compensation primarily for the residential construction industry in North Carolina.

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