Contura Announces Stock Repurchase Plan

Company Also Announces Timing of 2019 Guidance

BRISTOL, Tenn., December 6, 2018 – Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced that its Board of Directors has approved a stock repurchase plan (the “Company Repurchase Plan”) to acquire up to $15 million in the aggregate of the company’s common stock at prices as set forth in such plan over a specified period, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.

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Contura Announces Third Quarter 2018 Results

BRISTOL, Tenn., November 14, 2018 – Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today reported results for the third quarter and year-to-date through September 30, 2018.

Highlights include:

• Net Income from continuing operations of $14 million for the third quarter 2018 compared with $10 million in the same period last year(1)
• Adjusted EBITDA of $39 million for the quarter compared with $42 million in the same period last year(1)
• Merger with Alpha officially closed on November 9, 2018, creating the largest metallurgical coal supplier in the U.S. The third quarter results disclosed herein do not include any effects of the Alpha transaction
• The company now trades on the NYSE under the symbol “CTRA”
• Successfully refinanced the company’s and legacy Alpha’s term loans with a new 7-year, $550 million term loan credit facility
• Upsized the asset-backed revolving credit facility from $125 million to $225 million

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Contura Announces Completion of Business Combination With Alpha Natural Resources

Combined Company Begins Trading Immediately on the NYSE as CTRA

Company Also Announces Completion of its Transaction-Related Refinancing Process

BRISTOL, Tenn., November 9, 2018 – Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced the successful closing of its previously announced business combination with ANR, Inc. (“ANR”) and Alpha Natural Resources Holdings, Inc. (“Holdings” and together with ANR, “Alpha”). In conjunction with the transaction closing, Contura common shares were listed on the New York Stock Exchange (NYSE) and began trading immediately under the symbol CTRA.

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Alpha Stockholders Approve Merger With Contura Energy

Transaction Expected to Close on November 9, 2018

BRISTOL, Tenn., November 7, 2018 – Contura Energy, Inc. (“Contura”), ANR, Inc. (“ANR”) and Alpha Natural Resources Holdings, Inc. (“Holdings” and together with ANR, “Alpha”), today announced that, in connection with the proposed business combination between Contura and Alpha (the “Proposed Transaction”), common stockholders of both Holdings and ANR voted affirmatively to adopt the Amended and Restated Agreement and Plan of Merger, dated as of September 26, 2018, among Contura, ANR, Holdings, Prime Acquisition I, Inc. and Prime Acquisition II, Inc. A special meeting of the stockholders of ANR and a separate special meeting of the stockholders of Holdings, both held earlier today, were previously announced on October 17, 2018.

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Contura Energy and Alpha Natural Resources Announce Date for Special Meetings of Alpha Stockholders to Approve Proposed Transaction

Special Stockholder Meetings Scheduled for November 7, 2018

Registration Statement Declared Effective by the SEC

BRISTOL, Tenn., October 17, 2018 – Contura Energy, Inc. (“Contura”), ANR, Inc. (“ANR”) and Alpha Natural Resources Holdings, Inc. (“Holdings” and together with ANR, “Alpha”) today announced that, in connection with the proposed business combination between Contura and Alpha (the “Proposed Transaction”), a special meeting of the stockholders of Holdings will be held at 10:00 a.m. on November 7, 2018, and a special meeting of the stockholders of ANR will be held at 10:30 a.m. on November 7, 2018, in each case, at the offices of Katten Muchin Rosenman LLP, 575 Madison Avenue, New York, NY 10022. At the meetings, stockholders will be asked to consider and vote on the adoption of the Amended and Restated Agreement and Plan of Merger, dated as of September 26, 2018, among Contura, ANR, Holdings, Prime Acquisition I, Inc. and Prime Acquisition II, Inc. Stockholders of record of ANR or Holdings at the close of business on September 26, 2018 (the “Record Date”) are entitled to vote their shares, either in person or by proxy, at the applicable special stockholder meeting.

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Contura Energy and Alpha Natural Resources Announce Amended and Restated Merger Agreement

BRISTOL, Tenn., September 27, 2018 – Contura Energy, Inc. (“Contura”), along with ANR, Inc. and Alpha Natural Resources Holdings, Inc. (together, “Alpha”), today announced that the companies have entered into an amended and restated merger agreement, providing an increase in merger consideration to Alpha stockholders and the payment of a special dividend by Alpha. The transaction, the amended terms of which have been unanimously approved by the boards of directors of all parties, is expected to close in the fourth quarter of 2018, subject to Alpha stockholder approval and the satisfaction of other customary conditions.

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Contura Energy and Alpha Natural Resources Announce Public Filing of S-4 Registration Statement Related to Proposed Transaction

BRISTOL, Tenn., August 21, 2018 – Contura Energy, Inc. (“Contura”), along with ANR, Inc. and Alpha Natural Resources Holdings, Inc. (together, “Alpha”), today announced the public filing by Contura of a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) relating to the previously announced proposed merger between the companies. The registration statement was previously submitted confidentially to the SEC on July 16, 2018.

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Contura Announces Second Quarter 2018 Results

BRISTOL, Tenn., August 16, 2018 – Contura Energy, Inc., a leading U.S. coal supplier, today reported results for the second quarter and year-to-date through June 30, 2018.

Highlights include:

• Net Income from continuing operations of $75 million for the second quarter 2018 compared with $18 million in the same period last year(1)
• Adjusted EBITDA of $86 million for the quarter compared with $73 million in the same period last year(1)
• Merger with Alpha progressing with important milestones achieved; transaction expected to close before year-end, likely in early- to mid-fourth quarter
• Strong Trading and Logistics performance, increasing 2018 guidance to 5.6 million to 6.2 million tons
• Cumberland soft clay issue mitigated ahead of schedule; mine back to full operation

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Contura Energy and Alpha Natural Resources Announce Confidential Submission of S-4 Registration Statement Related to Proposed Transaction

BRISTOL, Tenn., July 16, 2018 – Contura Energy, Inc. (“Contura”), along with ANR, Inc. and Alpha Natural Resources Holdings, Inc. (together, “Alpha”), today announced the confidential submission by Contura of a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) relating to the previously announced proposed merger between the companies.

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Contura Updates Cumberland Outlook for 2018

BRISTOL, Tenn., July 2, 2018 – Contura Energy, Inc., a leading U.S. coal supplier, today updated its 2018 production outlook for the Cumberland mine, its longwall thermal coal mine located in Northern Appalachia (NAPP).

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Contura Announces First Quarter 2018 Results

BRISTOL, Tenn., May 24, 2018 – Contura Energy, Inc., a leading U.S. coal supplier, today reported results for the first quarter ending March 31, 2018.

Highlights include:

• Net Income from continuing operations of $58 million for the first quarter 2018 compared with $31 million in the same period last year
• Adjusted EBITDA of $99 million for the quarter compared with $119 million in the same period last year
• Announced all-stock transaction with ANR, Inc. and Alpha Natural Resources Holdings, Inc. (together, “Alpha”) on April 30, 2018
• In conjunction with the Alpha transaction closing, Contura expects to list its common shares on the NYSE

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Contura Energy and Alpha Natural Resources Announce Definitive Merger Agreement

Combined company expected to be the largest metallurgical coal supplier in the U.S.

BRISTOL, Tenn., April 30, 2018 – Contura Energy, Inc. (“Contura”), along with ANR, Inc. and Alpha Natural Resources Holdings, Inc. (together, “Alpha”), today announced that the companies have entered into a definitive merger agreement providing for an all-stock transaction to create a premier U.S. metallurgical coal platform and cost-competitive thermal coal portfolio. The transaction, which has been unanimously approved by the boards of directors of all parties, is expected to close in the third quarter of 2018, subject to Alpha shareholder approval and the satisfaction of other customary conditions.

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Contura Announces Fourth Quarter and Full-Year 2017 Results

BRISTOL, Tenn., March 29, 2018 – Contura Energy, Inc., a leading U.S. coal supplier, today reported results for the fourth quarter and full year through December 31, 2017.

Highlights include:

• Net Income of $97 million for the fourth quarter and $155 million for the full-year 2017
• Adjusted EBITDA from continuing and discontinued operations of $45 million for the fourth quarter and $300 million for the full-year 2017
• Repurchased 530,000 shares for $31.8 million in December and a total of 839,310 shares for $49.2 million over the course of the year
• Paid $100.7 million in special dividends in 2017
• Divested Powder River Basin assets for deferred consideration of up to $50 million; transaction reduces the company’s reclamation obligations by approximately $120 million

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Contura Announces Board Member Resignation

BRISTOL, Tenn., February 13, 2018 – Contura Energy, Inc., a leading U.S. coal supplier, today announced that Jonathan Segal has resigned from the company’s Board of Directors, effective February 13, 2018, in order to focus on other business obligations.

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Contura Announces 2018 Guidance

BRISTOL, Tenn., February 12, 2018 – Contura Energy, Inc., a leading U.S. coal supplier, today announced production, cost and sales guidance for full-year 2018. The company expects to announce its fourth quarter and year-end 2017 results on or around March 29, 2018.

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