Peabody Energy (NYSE: BTU) Declares Dividend of $0.06 Per Share

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Thu Oct 23, 2008 4:45pm EDT

ST. LOUIS, Oct. 23 /PRNewswire-FirstCall/ -- The board of directors of
Peabody Energy today declared a regular quarterly dividend on its common stock
of $0.06 per share.  The dividend is payable on Nov. 28, 2008, to holders of
record on Nov. 6, 2008.
    Peabody Energy (NYSE: BTU) is the world's largest private-sector coal
company, with 2007 sales of 238 million tons and $4.6 billion in revenues. Its
coal products fuel approximately 10 percent of all U.S. electricity generation
and 2 percent of worldwide electricity.
     CONTACT:
     Vic Svec
     (314) 342-7768

SOURCE  Peabody Energy

Vic Svec of Peabody Energy, +1-314-342-7768
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