Quest Announces Teleconference Update

PATERSON, N.J., July 23, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp.
(OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral
related properties, will hold a conference call Tuesday, July 29, 2008 at 2PM ET
to provide an operational update on the progress regarding their Pond Creek and
Cedar Grove mines held by its wholly-owned subsidiary, Gwenco Inc.

The teleconference dial-in numbers will be announced by the end of business on
Monday, July 28, 2008. Investors are welcome to call in with inquiries regarding
the company and its recent progress.

For more information visit: http://www.outcasttrader.com or
http://www.questmining.net.

About Quest Minerals & Mining

Quest Minerals & Mining Corp., or Quest, acquires and operates energy and
mineral related properties in the southeastern part of the United States. Quest
focuses its efforts on properties that produce quality compliance blend coal.

Forward-Looking Statements

This document contains discussion of items that may constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Although Quest believes the expectations reflected in such forward-looking
statements are based on reasonable assumptions, it can give no assurances that
its expectations will be achieved. Factors that could cause actual results to
differ from expectations include, but are not limited to, lack of revenue
producing operations, lack of working capital, debt obligations, judgments and
lien claims against Quest and certain of its assets, difficulties in refinancing
short term debt, difficulties identifying and acquiring complementary
businesses, fluctuations in coal, oil & gas, and other energy prices, general
economic conditions in markets in which Quest does business, extensive
environmental and workplace regulation by federal and state agencies, other
general risks related to its common stock, and other uncertainties and business
issues that are detailed in its filings with the Securities and Exchange
Commission.

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CONTACT: Outcast Communications
Investor Relations:
Keith Reinhardt
858-509-9900, ext. 13